Aditya Birla Nuvo allotted equity shares to promoters under preferential allotment

31st March, 2008

Aditya Birla Nuvo Ltd., a flagship company of the Aditya Birla Group, allotted 17,00,000 equity shares of Rs. 10 each at a premium of Rs. 1997.45 to TGS Investment and Trade Pvt. Ltd. and IGH Holdings Pvt. Ltd., the promoter and promoter group company on 31 March 2008 on conversion of equivalent number of warrants earlier issued to them on 21 February 2008.