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Outcome of board meeting of Dr.Datsons Labs

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Capital Market

Held on 05 January 2015

Dr.Datsons Labs announced that the Board of Directors of the Company at its meeting held on 05 January 2015 has considered and resolved the issuance of 43,23,964 equity shares consequent to conversion of Foreign Currency Convertible Bonds (FCCBs) for a total value of USD 1 million at a conversion price of Rs 14.25 per share. Consequently, the paid up share capital of the Company has increased from Rs 105.25 crore to Rs 109.58 crore aggregating 10,95,83,406 equity shares of Rs 10 each.

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First Published: Jan 05 2015 | 4:24 PM IST

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