At meeting held on 25 April 2018
The Board of Uniply Industries at its meeting held on 25 April 2018 have approved the followings:1. The allotment of fresh fully paid up 45,14,798 Equity Shares of Rs. 10/- each at a premium of Rs. 400.85/- per shares on preferential basis to non-promoters.
Pursuant to the above such allotment, the issued, subscribed and paid up share capital has been increased from Rs. 23,90,71,990/- (2,39,07,199 equity shares of Rs. 10/- each) to Rs. 28,42,19,970/- (2,84,21,997 equity shares of Rs. 10/- each).
The allotment of 96,28,824 convertible share warrants of Rs. 10/- each at a premium of Rs. 400.85/- per warrant on preferential basis to promoter and non-promoters. The warrants allotted shall be converted into equity shares of Rs. 10/- each upon exercise of convertibility by the holders within a period of 18 months from the date of allotment.
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