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Exchange Disseminated Time | Goldstone Infratech Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 29, 2008, inter alia, has allotted 1,50,00,000 equity shares to Goldstone Exports Ltd at a price of Rs 22/- per share, pursuant to conversion of share warrants allotted to Goldstone Exports Ltd on April 30, 2007. After this allotment, the shareholding of Goldstone Exports Ltd in the Company has increased from 9.51% to 47.19%. The acquirer would be complying the necessary statutory formalities and SEBI Rules and Regulations in this regard. |
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