Business Standard

Deep Industries allots equity shares

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Capital Market

On conversion of warrants

Deep Industries has announced that the Board of Directors of the Company at its meeting held on 22 April 2014, has allotted 29,50,000 equity shares of Rs 10 at a premium of Rs 24 per share to the allottees upon conversion of 29,50,000 convertible warrants which were allotted on 31 December 2013 at a price of Rs 34 per warrant on preferential basis.

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First Published: Apr 22 2014 | 2:12 PM IST

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