VHCL Industries has informed that the Board of Directors of the Company at its meeting held on January 16, 2015 has allotted 2,57,50,000 equity shares of Rs 2 each fully paid up, to the Investors who are Non Promoters, on conversion of outstanding Unsecured Loan into Equity Shares, at a price of Rs 6 per share which shall rank pari passu with existing equity shares.
The above information is a part of company’s filings submitted to BSE.