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Rama Steel Tubes has allotted 14,65,000 number of equity shares
pursuant to conversion of 14,65,000 number of warrants convertible.
Post Conversion of warrants, the allottees are also entitled for 58,60,000 number of bonus shares reserved for outstanding convertible warrants in the ratio of 4:1 and accordingly 58,60,000 bonus equity shares are also been allotted on 14,65,000 equity shares post conversion of warrants.
Pursuant to above said allotment of bonus equity shares as well as equity shares allotted pursuant to conversion of warrants, the issued and paid-up equity share capital of the company stands increased to Rs. 47,46,05,825/- divided into 47,46,05,825 equity shares of face value of R8.- 1/ - each.
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