The board of Amines & Plasticizers has considered and approved the allotment of 20 lakhs equity shares of Rs 10 each at par to Hemant Kumar Ruia jointly with Shalini Ruia and Multiwyn Investments & Holding on conversion of their contribution in the rehabilitation scheme.
The enhanced paid up capital of the company after this conversion is Rs 5,50,20,000 divided into 55,02,000 equity shares of Rs 10 each.
This was approved at the board meeting held on 31October 2008.
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