Best Agrolife has informed that the Board has considered and approved the allotment of 16,12,674 Equity Shares of face value of Rs 10.00 each at an issue price of Rs 630 per share, including premium of Rs 620 per share, on Preferential basis for consideration other than cash to the shareholders of Best Crop Science for acquisition of 100% stake of Best Crop Science.
The above information is a part of company’s filings submitted to BSE.