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Corporate News
27-Nov-09
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Ester Industries allots debentures
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On preferential basis
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The board of Ester Industries has allotted 5,217,392 zero coupon unsecured fully and compulsorily convertible debentures of face value of Rs. 5 each at a premium of Rs. 18 each aggregating to Rs. 12,00,00,016 to Wilemina Finance Corporation and Naomi Consolidated Inc. and 2,173,914 coupon convertible share warrants of face value of Rs. 5 at a premium of Rs. 18 each aggregating to Rs. 5,00,00,022 to Super Leasing on preferential basis.
These debentures were allotted at the board meeting held on 27 November 2009.
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