Corporate Announcement
Security Code : 526668    Company : KAMATHOTEL    
 
Outcome of Securities Issue Committee Meeting held on Nov 23, 2011 
  Exchange Disseminated Time     
Kamat Hotels (India) Ltd has informed BSE that the Securities Issue Committee of the Company, at its meeting held on November 23, 2011 has allotted 20,97,993 fully paid up equity shares of Rs. 10/- each @ Rs. 135/-
per share in the capital of the Company to Clearwater Capital Partners (Cyprus) Limited, the Bondholder upon conversion of part of FCCBs.

The issued, subscribed and paid up capital of the Company, after the allotment, has increased from Rs. 15,04,12,050/- divided into 1,50,41,205 Equity shares of Rs. 10/- each to Rs. 17,13,91,980/- divided into 1,71,39,198 Equity Shares of Rs. 10/- each.
 

Disclaimer

Back To Announcements