Agro Dutch to Allot equity shares to Penta Homes Pvt Ltd

Agro Dutch Industries Ltd has announced that on March 08, 2007 the Company has allotted 7,50,000 equity shares to Penta Homes Pvt Ltd upon the exercise of conversion option. These 7,50,000 equity shares shall rank pari passu in all respect with all existing shares of the Company. Further, these shares are subject to a lock in period for one year from the date of allotment.

The paid up share capital of the Company after allotment of these shares stands increased to Rs 30,31,00,000 from 29,56,00,000.

Source : Equity Bulls

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