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Stock Report
India Cements allots Equity Shares against Equity Warrants
Posted On : 2006-08-30 09:45:00( TIMEZONE : IST )
India Cements Ltd has announced that ASPDIN Ltd, the warrant holder on August 30, 2006 has exercised the option to acquire 28,07,304 Equity Shares of Rs 10/- each fully paid up on conversion of 28,07,304 Equity Warrants in terms of SEBI (Disclosure & Investor Protection) Guidelines 2000.
A meeting of the committee of Board of Directors of the Company will be convened shortly to consider allotment of 28,07,304 Equity Shares of Rs 10/- each fully paid up in favour of ASPDIN Ltd.
