Riga Sugar Company has informed that committee for issue of share warrants of the board of directors of the company in its meeting held on November 23, 2012, have allotted 14,50,000 convertible equity shares warrants, to be convertible at the option of warrant holders in one or more tranches, within 18 months from the date of its allotment into 1 fully paid up equity shares of face value of Rs. 10 each for cash at an exercise price of Rs. 17.20 (including premium of Rs. 7.20) for each warrant to the persons belonging to the promoter group and to others in accordance with the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009.
The above information is a part of company’s filings submitted to BSE.
Company Name | CMP |
---|---|
Shree Renuka Sugar | 49.13 |
Bajaj Hindusthan Sug | 41.51 |
Triveni Engg. & Inds | 394.75 |
Balrampur Chini Mill | 429.95 |
Dalmia Bharat Sugar | 426.30 |
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