The board of D&H Welding Electrodes India has allotted 2,50,000 equity shares of Rs 10 each at a premium of Rs 12 per share each issued to promoters on preferential basis.
The board has allotted 5,00,000 convertible warrants of Rs 22 each carrying a right to subscribe to equal number of equity shares in the company.
This was decided at the board meeting held on 07 October 2008.
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