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Board of Ester Industries allots convertible warrants on preferential basis

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Capital Market
Last Updated : Apr 11 2014 | 11:56 PM IST

At meeting held on 11 April 2014

Ester Industries has announced that in the meeting of the Board of Directors held on 11 April 2014, the Company has allotted 20,750,000 warrants of Rs 10.10 each convertible into 20,750,000 equity shares of Rs 5 each fully paid up at a price of Rs 10.10 each including a premium of Rs 5.10 each to Vettel International (Non-promoter entity) on preferential basis.

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First Published: Apr 11 2014 | 1:23 PM IST

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