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| Exchange Disseminated Time | Educomp Solutions Ltd has informed BSE that the Fund Raising Cum Allotment Committee of the Company on January 22, 2013 has allotted 29,79,939 Equity Shares of the face value of Rs. 2/- each at premium of Rs. 191.74 upon exercise of rights of conversion of warrants (allotted under Provisions of Chapter VII of SEBI (ICDR) Regulations, 2009) by A P Eduvision Pvt Ltd (a promoter group entity) and receipt of balance 75% of the issue price.
Post allotment Paid up capital of the Company has increased from Rs. 23,88,55,108/- comprising of 11,94,27,554 equity shares of the face value of Rs. 2/- each to Rs. 24,48,14,986/- comprising of 12,24,07,493 equity shares of the face value of Rs. 2/- each. |
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