Vista Pharmaceuticals has informed that 5,00,000 and 2,00,000 convertible warrants of Mukesh Chamdia (non-promoter) and S & A Corporate Advisory (non-promoter) respectively, due for conversion into equity shares have not been converted in stipulated time, hence lapsed and upfront money received on the aforesaid warrants are forfeited by the company in accordance with SEBI (ICDR) Regulations.
The above information is a part of company’s filings submitted to BSE.