The Board of Duroply Industries at its meeting held on 27 March 2024 has approved the allotment of 11,77,336 equity shares of face value of Rs. 10/- each fully paid up, at a price of Rs. 203/- per equity share (including a premium of Rs. 193/- per equity share) and 9,85,220 warrants convertible into equivalent no. of equity shares at an issue price of Rs. 203/- per warrant.
Pursuant to allotment of aforesaid equity shares, the paid up equity share capital of the Company stands increased from Rs. 8,68,57,420/- to 9,86,30,780/-.