Talbros Automotive - Outcome of Share Issue Committee Meeting
Talbros Automotive Components Ltd has informed BSE that the Share Issue Committee of the Company at its Meeting held on March 31, 2008 has allotted 556000 Equity Shares of face value of Rs 10 per share pursuant to conversion of 556000 Zero Coupon fully Convertible Warrants issued @ Rs 65 per Warrant (being 1 Warrant Convertible into 1 Equity Share) aggregating to Rs 3.61 crores with lock in period of 3 years i.e. upto March 28, 2010 to the following allottees:
1. Name of the Allottee : Q H Talbros Ltd
- 376000 no of Equity Share allotted
2. Name of the Allottee : Talbros International Ltd
- 90000 no of Equity Share allotted
3. Name of the Allottee : Talbros Motors (P) Ltd
- 90000 no of Equity Share allotted.
Tags: Talbros Automotive