Bhartiya International has informed that on receiving the upfront money i.e. 25% of the subscription amount, the board of directors in their board meeting dated December 07, 2012, allotted 1,00,000 Warrants, having attached thereto the right to subscribe for equal number of equity shares of Rs. 10 each at a premium of Rs. 77 per share, on preferential basis, to the applicants (non-promoters).
The above information is a part of company’s filings submitted to BSE.