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| Exchange Received Time 03/09/2018 21:53:29 Exchange Disseminated Time 03/09/2018 21:53:34 Time Taken 00:00:05 | This is to inform that Mrs. Rama Rajagopal, Promoter Director, has exercised her right to convert 21,91,060 warrants, allotted on 04th March, 2017 on preferential basis, into equity shares of the Company.
Consequently, the Board of Directors of the Company passed Circular Resolution today i.e 03rd September, 2018 approving allotment of 21,91,060 equity shares of face value of Rs.10/- (Rupees Ten only) each, at an issue price of Rs.11.41/- per share to Mrs. Rama Rajagopal, Promoter Director.
Upon allotment, the paid up Equity share capital of the Company stands increased to Rs. 47,76,80,050/- consisting of 4,77,68,005 equity shares of Rs. 10/- each.
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