May 17, 2010

IOL Chemicals & Pharmaceuticals to increase authorised share capital

The board of IOL Chemicals & Pharmaceuticals in its meeting on 15 May 2010 has approved to issue US$ 5 million Zero Coupon Unsecured Foreign Currency Convertible Bonds.

Further, the board has decided to increase the authorised share capital of the company from Rs. 35 crore to Rs. 45 crore.

Source :www.biginfotech.in

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