Adinath Exim Resources has informed that the Share Allotment Committee of the Company in its meeting held on June 20, 2017, made an allotment of 215,000 Convertible Warrants of Rs 26 to be converted into equivalent number of equity shares of Rs 10 each at a premium of Rs 16 per share to Shantilal Savla Family Trust, Promoter Group of the Company, in terms of the Special Resolution passed at the Annual General Meeting of the Company held on June 12, 2017.
The above information is a part of company’s filings submitted to BSE.