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Board of 20 Microns approves allotment of shares on conversion of warrants

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Capital Market

At meeting held on 21 May 2015

20 Microns announced that the Board of Directors of the Company at its meeting held on 21 May 2015, inter alia, has approved the allotment of 10,88,240 Equity Shares of the Company of the face value of Rs. 5/-each at a price of Rs. 34/-per share, including premium of Rs. 29/- per share in conversion of 10,88,240 Compulsorily Convertible Warrants to the persons other than promoters of the Company.

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First Published: May 21 2015 | 7:01 PM IST

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