Outcome of Allotment Committee Meeting

Simbhaoli Sugars Ltd has informed BSE that in meeting of the Allotment Committee of Board of Directors held on January 29, 2011, the Company has issued and allotted 30,00,000 equity shares of the Company at price of Rs. 50/- premium of Rs. 40/-) per share under the provisions of Chapter VII of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 for preferential issue to allottees in following manner:

1. Name of Allottee : M/s. Shri Vatsala Traders Pvt. Ltd.
Category : Public
Number of Equity shares issued & allotted : 15,00,000

2. Name of Allottee : M/s. Pearl Innovative Marketing Pvt. Ltd.
Category : Public
Number of Equity shares issued & allotted : 15,00,000

Source : BSE - >www.bseindia.com

Published on January 29, 2011
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