Sree Rayalaseema Alkalies & Allied Chemicals allots equity shares

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Capital Market
Last Updated : Apr 05 2014 | 11:55 PM IST

On conversion of warrants

Sree Rayalaseema Alkalies & Allied Chemicals has allotted 10,00,000 equity shares to Sree Rayalaseema Hi-Strength Hypo (SR HYPO) and 29,36,042 equity shares to TGV Projects & Inv. (TGVPIPL) [being the Promoters of the Company] of Rs 10 each at par on conversion of their third tranche convertible share warrants into equity in the ratio of 1:1.

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First Published: Apr 05 2014 | 5:32 PM IST

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