Lupin Ltd has informed BSE that the Allotment Committee of Directors at its meeting held on October 21, 2009 has allotted 10,30,974 fully paid up equity shares of Rs. 10/- each, the particulars of which are as under:
- 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 : 1027924
- Shares Issued upon : exercising the options granted to employees under the stock option plans of the Company
No. of shares : 3050
In view of the above, the Issued and paid up capital of the Company has been increased to Rs. 879,385,220 consisting 87,938,522 equity shares of Rs. 10/- each.