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| Exchange Disseminated Time 13/08/2015 11:49:20 | GVK Power & Infrastructure Ltd has informed BSE that GVK Energy Ltd, a subsidiary of the Company informed to Company that consequent to conversion of Cumulative Convertible Preference Shares (CCPS) into Equity shares of Rs.10 each held by PE investors (3i India Infrastructure, Actis Infrastructure India PCC Ltd, Indivest PTE Ltd) by GVK Energy Limited (subsidiary of GVK PIL) and conversion of Compulsorily Convertible Debentures (CCDs) into equity shares of Rs. 10 each held by GVK PIL, the equity shareholding of the said PE investors has gone up to 37.20% from 26.06% and the shareholding of GVK PIL in GVK Energy limited has come down from 73.94% to 62.80%. These new equity shares shall rank pari passu with the existing shares in GVK Energy Ltd, in all aspects.
The same was taken on record by the Board of Directors of the Company at its meeting held on August 13, 2015. |
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