Profit

Ipca Laboratories Ltd - Outcome of Board Meeting

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Ipca Laboratories Ltd has informed BSE that at the meeting of the Board of Directors of the Company held on January 25, 2011, 1,25,000 fully paid-up equity shares of Rs. 2/- each of the Company @ Rs.63/- per equity share have been allotted upon exercise of options by allottees to whom options were granted on October 02, 2007 and November 11, 2008 pursuant to Ipca Laboratories Limited - Employee Stock Option Scheme 2006 (ESOS).  The equity shares now allotted would rank pari-passu in all respects with the existing paid-up equity share capital of the Company.  With this allotment, the paid up equity share capital of the Company is now increased to Rs. 25,14,12,810/- divided into 12,57,06,405 fully paid-up equity shares of Rs.2/- each.


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