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Lakshmi Energy and Foods Limited Lakshmi Energy and Foods Limited Lakshmi Energy and Foods Limited
 
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Watching ourselves grow everyday motivates us to strive for more. We owe this growth to our people, our values, our commitment and our dedication. They have helped us to reach here and will take us to where we want to go. Thought and planning before action is the key to our accomplishment.
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Green Fields to Electrical Energy
Green Fields to Food for Millions
Rice Bran to Edible Oil
Deoiled cake to Cattle Feed
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Company Announcement
   
  Decision of Board Meeting 04 September 2008
 

Allotment of Equity Shares on conversion of warrants issued on preferential basis.

We are pleased to inform you that the Board of Directors of our Company in its meeting held on 4th September, 2008 allotted 31,50,000 equity shares of Rs.2/- each at a premium of Rs.185/- per share to M/s Ganeshay Overseas Industries Limited-an entity belonging to the Promoters' Group on conversion of 6,30,000 Convertible Warrants (each warrant convertible into 5 equity shares of Rs.2/- each at a price of Rs.187/- per share) allotted to them by the Company on 6th March 2007 on Preferential Basis as per in-principle approval of Bombay Stock Exchange Ltd (BSE) vide BSE letter no. DCS/PREF/PGS/PRE/1023/06-07 dated 21st February 2007.
   
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