Parenteral Drugs India Ltd has informed that the Board of Directors of the Company at its meeting held on February 25, 2008, has allotted 26,70,000 (twenty six lacs seventy thousand) equity shares of Rs 10/- each at a premium of Rs 176.41/- and 38,00,000 warrants for Rs 10/- each also at a premium of Rs 176.41/- convertible into equal number of equity shares of the Company within a period of 18 months to selected persons, institutions and promoters of the Company on Preferential Basis.
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