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Outcome of Allotment Committee Meeting

| Updated on November 24, 2015 Published on November 24, 2015

IOL Chemicals & Pharmaceuticals Ltd has informed BSE that the Allotment Committee of the Board of Directors In its meeting held on November 24, 2015 has allotted 5,00,000 equity shares of Rs. 10/- each to M/s. Innova Marchantiles Limited, Non-Promoter on the exercise of option attached with the warrants allotted on July 04, 2014 and the said shares shall be remain locked in for a period of one year from the date of trading approval.

Consequent upon the issue of the above 5,00,000 equity shares, the total paid-up capital of the company stands increased to 5,50,80,502 fully paid equity shares of Rs. 10/- each.

Source : BSE - >www.bseindia.com

Published on November 24, 2015
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