Premco Global has informed that the board of directors of the company at its meeting held on December 22, 2012, has considered and approved the allotment of 1,50,000 equity shares to Suresh Harjani one of the promoters of the company for a price of Rs.28 per share aggregating to Rs. 42,00,000 (Rupees Forty Two Lacs only) as approved by members at the extra ordinary general meeting held on December 11, 2012.
The above information is a part of company’s filings submitted to BSE.