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Moneycontrol.com India | Notes to Account > Vanaspati/Oils > Notes to Account from Bhatinda Chemicals - BSE: 524332, NSE: N.A
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Bhatinda Chemicals
BSE: 524332|ISIN: INE412G01016|SECTOR: Vanaspati/Oils
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« Mar 11
Notes to Accounts Year End : Mar '12
NOTE 1: Disclosure relating to Share Capital
 
 i Preferential allotment of Equity Shares in pursuant to conversion of
 Warrants:
 
 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.
Source : Dion Global Solutions Limited
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