Nandan Exim Board allots 12830188 shares at Rs.13.25

Nandan Exim Ltd has announced that the Board of Directors of the Company at its meeting held on October 05, 2006, has allotted 1,28,30,188 Equity Shares of Re 1/- each at a premium of Rs 12.25 per shares on preferential basis as per the approval given by the Shareholders of the Company in their 12th Annual General Meeting held on September 28, 2006.

Further the Company has informed that after the allotment of 1,28,30,188 equity shares, the paid up share capital of the Company shall be Rs 15,18,30,188/- divided into 15,18,30,188 equity shares of Re 1/- each.

Source : Equity Bulls

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