Denis Chem Lab has informed that the board of directors in their meeting held today i.e. 14th March, 2017 has allotted 27,00,000 Equity Shares of Rs 10 each at premium of Rs 50 per Equity Share to Non-Promoters of the Company on Preferential basis upon conversion of 27,00,000 Equity Warrants of Rs 10 each at premium of Rs 50 per Equity Warrant.
The above information is a part of company’s filings submitted to BSE.