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Avon Organics allots warrants

Our Bureau

Hyderabad , Feb. 23

AVON Organics Ltd (AOL), the city-based pharmaceutical company, has informed the stock exchanges that its allotment committee at its meeting on Friday approved and allotted 15-lakh warrants convertible into 15-lakh equity shares to the promoters.

Of this, Mr Purushotham Agarwal and Ms Madhu Agarwal were allotted 6-lakh convertible warrants each, while Ms Sarita Agarwal was allotted 3-lakh warrants.

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