20 Microns has informed that the Board of Directors of the Company at its meeting held on July 10, 2015, has approved the allotment of 3,82,360 Equity Shares of the Company of the face value of Rs 5 each at a price of Rs 34 per share, including premium of Rs 29 per share in conversion of 3,82,360 Compulsorily Convertible Warrants to the person other than promoters of the Company on a preferential basis.
The above information is a part of company’s filings submitted to BSE.