Spentex Industries Ltd: Allotment of Shares on conversion of Share Warrants

Spentex Industries Ltd has informed BSE that pursuant to exercise of option of conversion of warrant by the warrant holder, the Board of Directors on March 31, 2011 considered and allotted 37,47,000 fully paid up equity shares of Rs. 10/- each at a premium of Rs. 6.95 by conversion of same number of warrants into equity shares to M/s. CLC Technologies Pvt. Ltd. (formerly known as CLC Technologies Ltd.) in this third trench out of total 1,18,00,000 warrants issued on December 12, 2009.