Monnet Ispat - Updates

Monnet Ispat Ltd has informed BSE that the Company has increased the paid-up equity share capital by making an allotment of 849723 equity shares of Rs 10/- each comprising of 571476 Equity Shares allotted upon conversion of 620 FCCBs due 2010 and 278247 Equity Shares allotted upon conversion of 20 FCCBs due 2011.