On conversion of warrants
Balasore Alloys announced that the Committee for Preferential Issue of Warrants of the Board of Directors at their meeting held on 31 March 2016 has allotted 80,00,000 Equity Shares of Rs. 5/- each at a price of Rs. 17/- including premium of Rs. 12/- per Equity Shares to Jaltarang Vanijya, pursuant to conversion of equivalent number of Convertible Warrants.Powered by Capital Market - Live News