A.F. Enterprises has informed that the board has considered and approved the allotment of 800,000 equity shares of Rs 10 each at a price of Rs 18 per share comprising of Premium of Rs 8 Per Share, upon exercise of option for conversion of equity warrants into equal number of Equity Shares against receipt of balance amount of 75% (Rs 13.5 Per Warrant) of warrant issue price, which has been received from RDS Corporate Services.
The above information is a part of company’s filings submitted to BSE.