Sun Pharmaceutical allots equity shares
New
Delhi,
Oct
20:
Sun
Pharmaceutical
Industries
Ltd
today
said
its
committee
of
directors
(allotment)
has
allotted
8,64,034
equity
shares
of
Rs
5
each
at
a
premium
of
Rs
724.30
per
share.
The shares have been allotted upon exercise of option of conversion for 14,000 Zero Coupon Foreign Currency Convertible Bonds (FCCB) of 1,000 dollars each into equity shares of the company by FCCB holders, a statement said.
The firm's paid up equity share capital has increased from 19,95,25,382 equity shares of Rs 5 each to 20,03,89,416 equity shares of Rs 5 each, as of date.
UNI
Comments
Story first published: Saturday, October 20, 2007, 17:05 [IST]