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Markets - Preferential Allotments


Pitti board allots pref shares

Our Bureau

Hyderabad , June 22

THE board of directors of Pitti Laminations Ltd on Wednesday allotted shares and share warrants to promoters and non-promoters on preferential basis at Rs 72 a share as well as share warrant.

Among the non-promoters, Sonata Investments Ltd was allotted 11,50,000 shares and Trimurthy Equity - Finance (Bombay) Pvt Ltd 50,000 shares.

Mr Akshay S. Pitti was allotted 3,90,000 shares and 4,10,000 shares warrants under the promoters category, the company informed stock exchanges.

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