Saturday, December 6, 2008

Bikramjit Ahluwalia Has Inter Se Promoter Transfer - Dec 06, 2008

Bikramjit Ahluwalia has informed that he is one of the promoters of M/s. Ahlcon Parenterals (India) Ltd and holding 597412 (8.297%) Equity Shares in the Company. M/s. Ahluwalia Contracts (India) Ltd is also co-promoters of Ahlcon Parenterals (India) Ltd and,holding 2650090 (36.806%) equity Shares of Rs 10/- each of the target Company,Ahlcon Parenterals (India) Ltd.He intend to acquire 1200000 (16.666%) Equity Shares of M/s. Ahlcon Parenterals (India) Ltd which is presently held by M/s. Ahluwalia Contracts (India) Ltd.

And he is also one of the Promoters of Ahluwalia Contracts (India) Ltd.He further state that after the said acquisition of 1200000 (16.666%) shares of the target,Company his holding will increase to 1797412 Equity Shares of M/s. Ahlcon Parenterals (India) Ltd 24.963% of the paid-up capital of the Company. However overall share holding of the Promoters group shall remain unaffected.

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