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Corporate - Overseas Borrowings
Aurobindo’s share allotment

Hyderabad, Nov. 4

The committee of the board of directors of Aurobindo Pharma Ltd on Wednesday has allotted 83,121 equity shares of Rs 5 each for cash at a premium of Rs 517.036 by conversion of bonds worth $1,000,000. The allotment was in line with the offer made to FCCB holders by the Hyderabad-based company earlier. The paid-up capital of the company had also gone up accordingly, it informed BSE.

— Our Bureau

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