Sanghvi Movers Ltd has informed that the Board of Directors of the Company at its meeting held on March 08, 2008, has considered and allotted 8,79,580 Equity Shares of Rs 2/- each of the Company on exercise of option of conversion of 1,75,916 outstanding Warrants issued to the Promoters of the Company. The details are as follows:
(1) Name of Promoter : Mrs. Sanghvi Mina Chandrakant
- No of Warrants Converted : 1,63,916
- No of Shares converted into Shares (Face Value of Rs 10/- each) : 1,63,916
- No of Shares allotted (Face value of Rs 2/- each) due to sub-division of shares from Rs 10/- each to Rs 2/- each. : 8,19,580
(2) Name of Promoter : M/s Sanghvi Hi-Lift Pvt Ltd
- No of Warrants Converted : 12,000
- No of Shares converted into Shares (Face Value of Rs 10/- each) : 12,000
- No of Shares allotted (Face value of Rs 2/- each) due to sub-division of shares from RS 10/- each to Rs 2/- each. : 60,000
Consequently the fully paid-up capital of the Company stands increased to Rs 8,65,76,000/- divided into 4,32,88,000 Equity Shares of Rs 2/- each.
(1) Name of Promoter : Mrs. Sanghvi Mina Chandrakant
- No of Warrants Converted : 1,63,916
- No of Shares converted into Shares (Face Value of Rs 10/- each) : 1,63,916
- No of Shares allotted (Face value of Rs 2/- each) due to sub-division of shares from Rs 10/- each to Rs 2/- each. : 8,19,580
(2) Name of Promoter : M/s Sanghvi Hi-Lift Pvt Ltd
- No of Warrants Converted : 12,000
- No of Shares converted into Shares (Face Value of Rs 10/- each) : 12,000
- No of Shares allotted (Face value of Rs 2/- each) due to sub-division of shares from RS 10/- each to Rs 2/- each. : 60,000
Consequently the fully paid-up capital of the Company stands increased to Rs 8,65,76,000/- divided into 4,32,88,000 Equity Shares of Rs 2/- each.
No comments:
Post a Comment