The Hindu Business Line : Pitti allots shares, warrants

The board of directors of Pitti Laminations Ltd at its meeting on June 30 allotted 9.6 lakh equity shares of Rs 10 each for cash at a price of Rs 120 per share (including premium of Rs 110 per share) to promoters and non-promoter and allotted 2.4 lakh share warrants to promoters. It has informed the stock exchanges that the allotments include 6 lakh shares to Horse Shoe Capital, 3 lakh shares to Minivet Ltd, 30,000 shares each to Mr Sharad B. Pitti and Mr Akshay S. Pitti, and 1.2 lakh share warrants each to Mr Sharad B. Pitti and Mr Akshay S. Pitti.

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