Corporate News     29-Mar-11
Ind-Swift Laboratories allots equity shares
On conversion of warrants
The board of Ind-Swift Laboratories in its meeting on 28 March 2011 has allotted 7 lakh equity shares to promoters group upon conversion of 7 lakh zero coupon optionally convertible warrants (2010 Series) at a price of Rs 82.50 per share.

Further, the board has approved the conversion of 9 lakh equity shares to other bodies corporate upon conversion of 9 lakh zero coupon optionally convertible warrants (2010 Series) at a price of Rs 82.50 per share.

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