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Gujarat NRE Coke board allots 50,00,000 Equity Shares

27 May 2013 Evaluate

Gujarat NRE Coke has informed that the Board of Directors of the company at its meeting held on May 26, 2013, have allotted 50,00,000 Equity Shares of Rs. 10 each at a premium of Rs. 11.08 per share to Mangal Crystal Coke upon conversion of warrants. Consequently, the paid up capital of the Company has increased from Rs. 622,36,81,370 to Rs. 627,36,81,370 comprising of 57,48,80,127 Equity Shares of Rs. 10 each and 5,24,88,010 'B' Equity Shares of Rs. 10 each.

The above information is a part of company’s filings submitted to BSE.

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