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| Exchange Disseminated Time | Ganesha Ecosphere Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 03, 2015 has made the Allotment of 27,25,877 Equity Shares of the Company to the ‘MCAP India Fund Ltd.’, (Non-Promoter), against conversion of 31,07,500 Compulsorily Convertible Preference Shares (CCPS) earlier allotted to them on preferential basis on October 3, 2014, in terms of in-principle approval letter dated September 26, 2014 of BSE Limited.
With the aforesaid allotment, the total Paid-up Equity Share Capital of the Company has been enhanced from Rs. 16,20,10,000/- to Rs. 18,92,68,770/- divided into 1,89,26,877 Equity Shares of Rs. 10/- each. |
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