Metal Coatings India has informed that the board of directors of the company at its meeting held on January 07, 2013, have allotted 23,00,000 equity shares of Rs.10 each at a premium of Rs.5.60 per share on conversion of warrants allotted on preferential basis, through a resolution passed by the shareholders at the annual general meeting held on September 28, 2012, in accordance with the provisions of section 81(1A) and other applicable provisions.
The above information is a part of company’s filings submitted to BSE.
