Rain Commodities Ltd has informed that consequent to Amalgamation of Rain Calcining Ltd with the Company, the Board of Directors of the Company at their meeting held on January 04, 2008 has allotted 3,48,61,286 Equity Shares of Rs.10/- each fully paid up to the shareholders of Rain Calcining Ltd (Transferor Company) in the ratio of 2:7 i.e., Two Equity Shares of the Company were allotted for every Seven Equity Shares held in Rain Calcining Ltd as on January 02, 2008(Record date).
Post allotment of new shares, the total issued and paid up equity share capital of the Company will be Rs.66,97,12,860 divided into 6,69,71,286 Equity Shares of Rs.10/- each.
Post allotment of new shares, the total issued and paid up equity share capital of the Company will be Rs.66,97,12,860 divided into 6,69,71,286 Equity Shares of Rs.10/- each.
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