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IOL Chemicals And Pharmaceuticals Limited, Punjab

IOL Chemicals And Pharmaceuticals Limited, Punjab

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2nd May 2012
OUTCOME OF THE SHARE ALLOTMENT COMMITTEE OF THE BOARD HELD ON 02 MAY 2012

This is to inform you that the Share Allotment Committee of the Board of Directors in its meeting held on 02.05.2012 allotted 4,34,500 equity shares of 10/- each to the shareholders of G Drugs and Pharmaceuticals Limited in terms of the Exchange Ratio 1 (one) equity share of the Company of the face value of 10/- each credited as fully paid up at par for every 20 (Twenty) fully paid up equity shares of 10/- each held by such equity shareholders of the G Drugs and Pharmaceuticals Limited as sanction by BIFR Order dated 15 March 2012 , which will be locked in for a period of three years from the date of allotment . Consequent upon the issue of the above 4,34,500 equity shares, the total paid-up capital of the company stands increased to 2,61,51,164 fully paid equity shares of 10/- each .






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