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Consolidated net sales of over USD 4.3 billion in 2013-14
131,637 shareholders
Over 97 per cent of shares dematerialised  
Over three million GDRs issued and outstanding  
ECS facility available for dividends  
 
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home > investors > investor centre
Preferential allotment to promoters / promoter group companies - 18th May 2009
The board of directors of the company at its meeting held today has interalia decided to:

a) Issue 1,85,00,000 warrants of face value of Rs.10 each to promoter/promoter group on preferential allotment basis, entitling the holder of warrant to apply for and obtain allotment of one equity share against each warrant for an aggregate amount of Rs.1,000 crore (approx) in accordance with the provisions of Section 81(1A) and all other applicable provisions of the Companies Act, 1956 and pursuant to the provisions of the Chapter XIII of the Securities and Exchange Board of India (Disclosure and Investor Protection) Guidelines 2000 [ SEBI (DIP) Guidelines].

b) Convene an Extra Ordinary General Meeting for the approval of aforesaid preferential issue/ allotment on Wednesday the 17 June 2009 at the registered office of the company at Indian Rayon compound, Veraval, Gujarat.


 
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