Gujarat Craft Industries has informed that the Board of Directors of the company at its meeting held on October 28, 2013 has allotted 5,65,000 Equity Shares of Rs. 10 each @ premium of Rs. 17 per Equity Share to Promoters and Promoters Group on Preferential basis upon conversion of 5,65,000 Equity Warrants of Rs. 10 each @ premium of Rs.17 per Warrant.
The above information is a part of company’s filings submitted to BSE.