Bajaj Hindusthan Ltd has informed the BSE that the management committee of directors of the company, at its meeting held on October 31, 2011, has allotted 41,10,42,800 fully paid-up equity shares of face value Re 1 each at a premium of Rs 35 per equity share, in accordance with the basis of allotment of equity shares of the company on a rights basis as finalised by the company, the lead managers and registrar to the issue, in consultation with BSE Ltd (the designated stock exchange).

Consequent to the allotment of the equity shares as aforesaid, the paid-up equity share capital of the company stands increased from the present Rs 22,83,57,111 divided into 22,83,57,111 equity shares of face value Re 1 each to Rs 63,93,99,911 divided into 63,93,99,911 equity shares of face value Re 1 each.

Related Topics