Sarda Plywood Industries has allotted 2,25,000 equity shares of Rs 10 each to Abhinandan Fintex at premium of Rs 24.56 per share as fully paid up, upon exercise of option in respect of 2,25,000 Convertible Warrants.
Further, the allotment of 2, 25,000 equity shares shall rank pari-passu with the existing equity shares and shall be subject to a lock-in-period of three years from the date of allotment as per SEBI (ICDR) Regulations, 2009.
The above information is a part of company’s filings submitted to BSE.
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