NOTE 1: Disclosure relating to Share Capital
i Preferential allotment of Equity Shares in pursuant to conversion of
The Company has allotted 8000000 Fully paid up Equity Shares of Rs. 10
each at a premium of Rs. 21 per share to the promoters and Bodies
corporate other than promoters pursuant to the conversion of warrants
which were originally allotted on a preferential allotment basis
after seeking the permission from all the statutory authorities and
duly approved in 34th annual general meeting.
ii Particulars of Share Warrants Application Money
During the previous year i.e Financial year 2010-11, the company had
allotted 8000000 warrants at a price of Rs. 31 per warrant optionaly
convertible into equity shares of Rs. 10 each at a premium of Rs. 21 each
to the promoters and bodies corporate other than the promoters as per
scheme approved in the 34th Annual General Meeting and the company
received Rs. 620 lacs as application money @ 7 7.75 per warrant.