Rana Sugars allots 22,00,000 equity shares to promoters

Rana Sugars Ltd has announced that the Board of Directors of the Company at its meeting held on March 14, 2007, has allotted 22,00,000 equity shares of Rs 10/- each at a premium of Rs 21/- per share aggregating to Rs 6,82,00,000/- to the following Directors / Promoters of the Company on preferential basis:

1. Rana Inder Pratap Singh - 11,00,000 Shares

2. Rana Veer Pratap Singh - 11,00,000 Shares.

Source : Equity Bulls

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