|Basis of Allotment|
MANGALAM DRUGS AND ORGANICS LIMITED
(Incorporated on April 18, 1972 as a Private Limited Company under the name Advent Pharma Private Limited under the Companies Act, 1956. The name was changed to Mangalam Drugs and Organics Private Limited w.e.f. July 1, 1997. It became a deemed public company and word 'private' was deleted in the Certificate of Incorporation effectovely September 22, 1997. Subsequently, the Company was converted into a full fledged public limited company in terms of Special Resolution passed on August 10th, 2001 for which Certificate of Incorporation was obtained on September 19, 2001)
Registered & Corporate Office: 292, Princess
Street, 2nd Floor, Near Flyover, Marine Lines, Mumbai - 400002.
PUBLIC ISSUE OF 65,00,000 EQUITY SHARES OF RS. 10/- EACH FOR
BASIS OF ALLOTMENT
The Board of Directors thanks the investing public for their overwhelming response to the Public Issue which opened for subscription on 19.04.2005. The Company has received 25,659 applications for 3,16,75,522 equity shares from Indian Public resulting in subscription of 4.87 times. The Basis of Allotment was finalised in consultation with The Stock Exchange, Mumbai on 16.05.2005 and 65,00,248 equity shares have been allotted by the Board of Directors at its Meeting held on 16.05.2005 as mentioned below:
1. Retail Individual Investors who have applied for equity shares for a
value not more than Rs.50,000/-
2. Bodies Corporate & Individual Investors who have
applied for equity shares for a value more than Rs.50000/-
Refund orders, have already been despatched on 18.05.2005 and in case of shares in the electronic form, the beneficiary account of allottees with NSDL and CDSL have been credited on 18.05.2005. Listing Application had been filed with The Stock Exchange, Mumbai and the Nationa Stock Exchange of India Ltd., Mumbai vide its letter dated 18.05.2005.
All future correspondence in this regard may kindly be addressed to the Registrars to the Issue, whose address is furnished below, quoting full name of the first/sole applicant. Application No., No. of Shares applied and Bank Branch where the Application had been lodged.
Intime Spectrum Registry Ltd., C-13, Pannalal Silk Mills Compound, LBS Marg, Bhandup (W), Mumbai-400 078, Phone: 55555491-4, Fax: 55555499, E-mail: email@example.com
Investors please note: The details of allotment have also been posted on the web site of the Registrar to the Issue, Intime Spectrum Registry Limited at www.intimespectrum.com