Spentex Industries has informed that the Board of Directors of the Company has allotted 14,00,000 fully paid up equity shares of Rs. 10 each (at par) to M/s. CLC Technologies Private Limited, a Promoter Group Company on April 12, 2013 on preferential basis in second and final tranche out of 65,00,000 equity shares approved by the members of the Company in their Annual General Meeting held on September 28, 2012.
The above information is a part of company’s filings submitted to BSE.