Sree Rayalaseema Alkalies & Allied Chemicals has informed that the Board Allotment Committee in its meeting held on April 27, 2013 has allotted 37,39,240 Equity Shares of Rs. 10 each at par to Sree Rayalaseema Hi-Strength Hypo Limited (SRHYPO) being the one of the Promoter of the Company on conversion of their second tranche Convertible Share Warrants into Equity in the ratio 1:1.
The above information is a part of company’s filings submitted to BSE.