Allied Digital Services said that the company approved to sub-divide the shares of Rs.10 into two shares of Rs.5 each. The company also recommended final dividend of Rs,2.00 per share for the year ended March 31, 2009.
The company approved issue of 1-lakh equity shares warrants to Bennett, Colemen & Company Ltd. (BCCL). It said that the company approved issue of securities to Qualified Institutional Buyers ( QIBs) up to $50 million.
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