Board of Uniply Industries allots equity shares and convertible share warrants

At meeting held on 25 April 2018

The Board of Uniply Industries at its meeting held on 25 April 2018 have approved the followings:

1. The allotment of fresh fully paid up 45,14,798 Equity Shares of Rs. 10/- each at a premium of Rs. 400.85/- per shares on preferential basis to non-promoters.

Pursuant to the above such allotment, the issued, subscribed and paid up share capital has been increased from Rs. 23,90,71,990/- (2,39,07,199 equity shares of Rs. 10/- each) to Rs. 28,42,19,970/- (2,84,21,997 equity shares of Rs. 10/- each).

The allotment of 96,28,824 convertible share warrants of Rs. 10/- each at a premium of Rs. 400.85/- per warrant on preferential basis to promoter and non-promoters. The warrants allotted shall be converted into equity shares of Rs. 10/- each upon exercise of convertibility by the holders within a period of 18 months from the date of allotment.

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