NCL Research & Financial Services has informed that the board of directors of the company at its meeting held on June 16, 2012 have allotted 12,17,000 equity shares of Rs. 10 each for cash at a premium of Rs. 265 per share under Section 81(1A) of the Companies Act, 1956 pursuance to the authority given by the members in the EOGM held June 07,2012 & In-Principal approval given by the stock exchange.
The above information is a part of company's filings submitted to BSE.