Held on 15 May 2014
Dr Datsons Labs announced that the Board of Directors of the Company in the meeting held on 15 May 2014 have approved to issue 1,10,55,720 equity shares consequent to conversion notices received from the bondholders for conversion of the Foreign Currency Convertible Bonds for total value of US$11.20 million at a conversion price of Rs 55 per share.Consequently, the paid up share capital of the Company has increased from Rs 31.65 crore to Rs 42.71 crore aggregating 4,27,10,995 equity shares of Rs 10 each.
Powered by Capital Market - Live News