Aditya Birla Nuvo‘s Investor Relations & Finance Committee of the Board of Directors has on November 08, 2013, by way of Circular Resolution, approved allotment of 98,20,000 Equity Shares of Rs. 10 each at a premium of Rs. 900.86 each, to the Promoter and Promoter Group Company on conversion of equivalent number of Warrants issued to them on May 10, 2012. The existing warrants held by these holders shall stand extinguished to the extent of exercise of the option for conversion of Equity Shares.
The above information is a part of company’s filings submitted to BSE.
