Sharyans Resources has informed that pursuant to the approval of the shareholders under section 81(1a) through postal ballot on December 19, 2012, the board of directors at its meeting held on January 03, 2013 has allotted of 25,00,000 equity shares (Twenty Five Lacs) on a preferential basis at Rs.75 per share (including premium at Rs.65 per share) on non-repatriation basis to Pishu V. Chainani (NRI).
The above information is a part of company’s filings submitted to BSE.