Corporate Announcement
Security Code : 511768    Company : MASTERTR    
 
Outcome of Board Meeting 
  Exchange Disseminated Time     
Master Trust Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 14, 2012, inter alia, in pursuance of the extra ordinary general meeting of the Company held on April 05, 2010 and issue of Equity Warrants vide Board Resolution dated August 28, 2010, in accordance with the 'in-principle' approval from Stock Exchange, accorded consent, for allotment of 41,35,000 equity shares to the promoters and others at a price of Rs. 68/- per equity share (including premium of Rs. 58 per equity share), of which a sum of Rs. 17/- per warrant was paid at the time of allotment of Warrants and the balance sum of Rs. 51/- per warrant has now been paid for the conversion of warrants into equity shares.
 

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