Lactose India has informed that the Board of Directors of the Company at its meeting held on January 21, 2014 has allotted 3,97,000 Equity Shares on Conversion of 3,97,000 Convertible Warrants to promoters on a preferential basis in accordance with provisions specified under Chapter VII of SEBI (ICDR) Regulations, 2009.
The above information is a part of company’s filings submitted to BSE.