On conversion of warrants
Indian Metals & Ferro Alloys announced that the Allotment Committee at its meeting held on 09 December 2016 has allotted 10 lakh equity shares of Rs 10 each on conversion of warrants issue and allotted on preferential basis to Promoter Group Entity.Upon allotment of these equity shares the share capital of the Company has increased to Rs 26.97 crore comprising of 269,77,053 equity shares of face value of Rs 10 each.
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