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Board of Ipca Laboratories allots 5 lakh convertible warrants to Promoter

Capital Market 

At meeting held on 07 November 2019

The Board of Ipca Laboratories at its meeting held on 07 November 2019 has allotted 5,00,000 convertible warrants to the members of Promoters I Promoter Group of the Company with a right to the warrant holders to apply for and be allotted 1 (one) equity share of Rs. 2/- each of the Company at a price of Rs. 955/- per share (including premium of Rs. 953/- per share), for each warrant, within a period of 18 months from the date of allotment of the said warrants.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, November 07 2019. 16:39 IST