Art Nirman announced the allotment of 5130000 equity shares each of Rs.10/- each.

Company : Art Nirman Limited

The Board of Directors of Art Nirman Limited converted and allotted 5130000 equity shares of face value Rs.10/- each to the warrant holders on 25th April, 2019.

The company decided to allot 3390000 equity shares to Mr. Ashok Kumar Raghuram Thakker, 870000 equity shares to Mrs. Dharmisthaben Ashok Kumar Thakkar, Mr. Piyush kumar Chandrakantbhai Thakkar. The total allotment was of 5130000 equity shares.

On 1st Septemebr 2018 the company decided to allot 10170000 warrants to Mr. Ashok Kumar Raghuram Thakker, 870000 warrants to Mrs. Dharmisthaben Ashok Kumar Thakkar, Mr. Piyush Kumar Chandrakantbhai Thakkar and Mr. Raghurambhai Vasrambhai Thakker individually. The total allotment was of 12780000 warrants.

As per the information provided by Art Nirman Limited the paid up capital of the company stands increased from Rs. 121760000/- to Rs. 173060000/- comprising of 17306000 equity shares of face value of Rs.10/- each. The shareholding of the promoter and promoter group has increased from 45.99% to 62% of the total paid up share capital of the company.

Recent Stories