Strides Pharma Science Ltd allots 1,50,830 shares on conversion of warrants

The Management Committee of the Board of Directors of Strides Pharma Science Limited in their meeting held today have allotted 1,50,830 equity shares of face value of Rs. 10/- each to M/s. Karuna Business Solutions LLP (Warrant Holder) upon conversion of equivalent number of warrants to equity shares.

These shares shall rank in pari passu with the existing equity shares of the Company in all respects.

Consequent to above, the paid-up share capital of the Company has increased from Rs. 89,98,85,440/- consisting of 8,99,88,544 equity shares of Rs. 10/- each to Rs. 90,13,93,740 consisting of 9,01,39,374 equity shares of Rs. 10/- each.

Source : Equity Bulls

Keywords

StridesPharmaScience SharesAllotment WarrantsConversion KarunaBusinessSolutionsLLP