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| Exchange Disseminated Time 01/04/2016 16:20:14 | Indiabulls Real Estate Ltd has informed BSE that Board constituted committee of the Company has, at its meeting held April 01, 2016, issued and allotted an aggregate of 4,36,00,000 (Four Crore Thirty Six Lac) equity shares of face value of Rs 2/- each of the Company, at the issue price of Rs. 67/- (including a premium of Rs 65/-) per equity share, to promoter group entities namely, SG Infralands Private Limited and SG Devbuild Private Limited, upon conversion of equivalent number of warrants held by these promoter group entities.
Consequent to the said allotment, the paid-up equity share capital of the Company stands increased to Rs. 101,05,55,478/- divided into 50,52,77,739 equity shares of face value Rs 2/-each. |
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