Piramal Glass - Allotment of shares from shares kept in abeyance

Piramal Glass Ltd has informed BSE that at the meeting held on October 24, 2011, the Committee of Directors (Rights Issue) has allotted 4,81,250 shares to an Overseas Corporate Body ("OCB") which were held in abeyance pending receipt of requisite approval from the Reserve Bank of India ("RBI"), which has since been received by the OCB vide RBI's letter dated September 14, 2011.

The above equity shares shall rank pari passu in all respects with the existing equity shares of the Company and consequent to allotment of the said 481,250 shares to OCB, the paid up equity share capital of the Company stands increased to 8,09,15,986 Equity shares of face value of Rs. 10/- each, aggregating to Rs. 80,91,59,860.

Read more on the link below.

600450 Piramal Glass - Allotment of shares from shares kept in abeyance glassonweb.com
Date: 26 October 2011
Source: Piramal Glass Ltd

See more news about:

Others also read

Proprietary laminate windows collect, store energy; convert it to electricityRIVIERA BEACH, FL – An innovative new patented technology transforms office building windows into "solar farms" and allows these structures to reuse collected energy and become self-sufficient in the event of a power outage.
DALLAS, Texas, December 22, 2011 /PRNewswire/ --ReportsnReports adds new market research report 'Solar Photovoltaic (PV) Power - Global Market Size, Installation Prices, Module Market Shares, Market Segmentation, Regulations and Key Country Analysis to 2020' to its store.
The University of Minnesota's historic Folwell Hall completed three years of extensive renovation, just time for the 2011 academic year.
The renewal process for AAMA Corporate Members is now open. AAMA Corporate Membership is available to businesses involved in the manufacture, sale or service of fenestration products and is renewed on an annual basis.
Today designers and architects are looking to the hotel bathroom as the new frontier of the guestroom, turning what has long been a mostly functional space into a haven and means of escape.
Glassman as one of the largest glass processing machine manufactures in the world presented ZAK Glass Technology Exhibition during 8-11 December 2011, in Mumbai, India.

Add new comment