Heritage Foods India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 29, 2008, has allotted 5,39,500 equity shares of Rs 10/- each at a price of Rs 256/- per share to Smt. N Bhuvaneswari, Vice-Chairman and Managing Director of the Company on preferential basis upon exercise of the right for conversion of 5,39,500 share warrants.
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