Ind-Swift Labs allots 10 lakh shares to promoter group

Ind-Swift Labs has allotted 10 lakh shares of Rs 10 each at premium of Rs 40 per shares to promoter group.

January 31, 2011 / 19:36 IST

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Ind-Swift Laboratories Limited has informed the Exchange that the Board of Directors of the Company have, in its meeting held on January 29, 2011, allotted 10,00,000 equity shares of Rs.10/- each at a premium of Rs.40/- per shares to Promoters Group upon the conversion of 10,00,000 Zero Coupon Optionally Convertible Warrants (2009 Series).

Source : BSE

first published: Jan 31, 2011 07:36 pm

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