Shri Lakshmi Cotsyn considers allotment of share warrants

01 Feb 2012

Shri Lakshmi Cotsyn has informed that the board of directors of the company at its meeting held on January 31, 2012, has considered and approved the allotment of 15,70,000 number of share warrants to the non-promoters on preferential basis and approved the conversion of 35,00,000 number of share warrants (out of 50,00,000 share warrants) into equivalent number of equity shares to promoters and 20, 00,000 nos. of share warrants into equivalent numbers of equity shares to non-promoters both at a price of Rs. 156 per share (inclusive of premium of Rs. 146 per share) in compliance with the provisions of Chapter VII of SEBI (Issue of Capital and Disclosure Requirements) Regulation, 2009.

The above information is part of company’s filing submitted to the BSE.  

Related Shri Lakshmi Cotsyn Ltd. Links:
1 Year Price Chart
Peers
Company Name CMP
Arvind 71.80
Welspun India 101.25
PDS Multinational 716.30
Vardhman Textiles 1290.95
KPR Mill 1462.20
View more..
Sensex vs Shri Lakshmi Cotsyn
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback