Lupin Ltd has informed BSE that the Allotment Committee of Directors at its meeting held on June 19, 2009, has allotted 3,11,816 fully paid up equity shares of Rs 10/ each, the particulars of which are as under:
1. Shares Issued upon : conversion of Zero Coupon Foreign Currency Convertible Bonds (FCCB) issued by the Company pursuant to the Offering Memorandum dated January 02, 2006
- No of shares - 293691
2. Shares issued upon : Exercising the options granted to employees under the stock option plans of the Company
- No of shares - 18125
In view of the above, the issued and paid up capital of the Company increased to Rs 831,458,860 consisting 83,145,886 equity shares of Rs 10/- each.
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