JHS Svendgaard Laboratories has informed that the board of directors of the company at its meeting held on March 31, 2012, have considered and approved the allotment of 5,00,000 equity shares on preferential basis to Nikhil Nanda Rs.97.75, the person belonging to promoter and promoter group of the company, on such term and conditions in accordance with the SEBI (issue of capital and disclosure requirements) regulations, 2009, companies act, 1956, and other applicable acts, rules and regulations.
The above information is part of company’s filing submitted to the BSE.
