Man Industries India Ltd has informed BSE that Equity Share Warrants to the following promoter and person belonging to the promoters Group has been allotted on preferential basis. The Equity Share Warrants entitles the warrant holders to convert each warrant into one equity share of Rs. 5/- each at a premium of Rs. 30/- per share arrived at as per SEBI Guidelines at any time within a period of 18 months.
Name of Persons - Mr. Nikhil Mansukhani
No.of warrants to be allotted - 12,50,000
Name of Persons - Mr. Priyal Mansukhani
No.of warrants to be allotted - 5,00,000
Name of Persons - Mr. Holdings Pvt. Ltd.
No.of warrants to be allotted - 2,50,000
Name of Persons - Mr. Jagdishchandra Mansukhani
No.of warrants to be allotted - 2,50,000
Name of Persons - Mr. Anita Mansukhani
No.of warrants to be allotted - 2,50,000.