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| Exchange Received Time 20/08/2018 16:13:22 Exchange Disseminated Time 20/08/2018 16:13:28 Time Taken 00:00:06 | This is further to our intimation dated 12 July 2018 with respect to issuance of 4,85,26,861 Equity Shares on a preferential basis.
Please be informed that the Banking and Authorisation Committee at its meeting held today, i.e on 20 August 2018 have inter-alia approved the allotment of 4,85,26,861 Equity Shares of face value of Re.1/- each at a price of Rs.28.85 per Equity Share (inclusive of a share premium of Rs.27.85 per Equity Share) on preferential basis to the following Allottees.
Sl. No. Name of the allottees No. of Equity Shares allotted
1. Electrocast Sales India Limited 34,66,204
2. Uttam Commercial Company Ltd 34,66,204
3. G. K. & Sons Private Ltd. 69,32,409
4. India Opportunities Growth Fund Ltd - Pinewood Strategy 2,25,30,329
5. Rohak Merchants Private Limited 1,21,31,715
Total 4,85,26,861
Time of Commencement of Meeting: 1500 Hours
Time of Conclusion of Meeting: 1546 Hours
This is for your information and records
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