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Welspun Syntex allots OCCPS

29 Oct 2012 Evaluate
Welspun Syntex has informed that the company has allotted 1,60,00,000, 6% Optionally Convertible Cumulative Preference Shares (OCCPS) of Rs. 10 each aggregating to Rs. 1,60,00,000 on October 29, 2012.

Further, the aforesaid OCCPS, convertible into 1,55,94,541 equity shares of Rs. 10 each at a price of Rs. 10.26 per share at the option of allottee at any time within 18 months from the date of allotment.

The above information is a part of company's filings submitted to BSE.

Peers
Company Name CMP
Vardhman Textiles 577.60
Welspun Living 214.65
Arvind 552.40
Raymond Lifestyle 648.00
K.P.R. Mill 1141.30
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