Amtek Auto Ltd has informed BSE that the Allotment Committee of Board of Directors of the Company in their meeting held on February 21, 2011 has allotted 72,00,000 Equity Shares upon conversion of warrants into equivalent number of equity shares of Rs. 2/- each at a premium of Rs. 178/- aggregating to Rs. 129.60 Crores to the promoters group Companies by way of preferential allotment.
Further the Convertible warrants issued by the Company are exercise by the allottes within the currency period of warrants which were allotted on July 20, 2010 in terms of Chapter VII of the SEBI (Issue of Capital & Disclosure Requirements) Regulations, 2009.
Sensex
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Monday, February 21, 2011
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