Corporate Announcement
Security Code : 532638    Company : SHOPERSTOP    
 
AllotmentDownload PDF Download XBRL
  Exchange Received Time  12/01/2018 10:32:17         Exchange Disseminated Time   12/01/2018 10:32:24              Time Taken   00:00:07
Sub: Allotment of 43,95,925 Equity Shares to Amazon.com NV Investment Holdings LLC

Further to our letter bearing reference no. SEC/053/2017-18, dated September 23, 2017 and pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please be informed that the Private Placement Committee of the Company at its meeting held today i.e. January 12, 2018, approved the allotment of 43,95,925 equity shares of Rs. 5/- each at a price of Rs. 407.78/- per equity share for a total consideration of Rs. 179,25,70,296.50 (Rupees One Hundred and Seventy-Nine Crore Twenty Five Lakhs Seventy Thousand Two Hundred Ninety Six and Fifty Paise Only), to Amazon.com NV Investment Holdings LLC .

Consequent to the above allotment, the paid-up share capital of the Company stands increased from Rs.41,77,38,055 divided into 8,35,47,611 equity shares of Rs.5/- each to Rs.43,97,17,680 divided into 8,79,43,536 equity shares of Rs.5/- each.
 

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