Vipul Organics Ltd allots 790000 shares

The Board of Directors of Vipul Organics Ltd at its meeting held today i.e. 30th March, 2017; allotted the 7,90,000 Equity Shares of Rs. 10/- each of the Company at an issue price of Rs. 40/- each (including premium of Rs. 30/- per share) upon conversion of 7,90,000 Warrants issued on preferential basis, as approved by the members of the Company in their Extra Ordinary General Meeting held on 13th June 2016.

Source : Equity Bulls

Keywords