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| Exchange Received Time 25/06/2018 13:36:16 Exchange Disseminated Time 25/06/2018 13:36:22 Time Taken 00:00:06 | The Company has, pursuant to and in terms of Chapter VII of the SEBI (ICDR) Regulations, issued and allotted an aggregate of 1,70,07,076 (One Crore Seventy Lac Seven Thousand Seventy Six) fully paid up equity shares of face value Rs. 2/- each of the Company (''''Equity Shares''''), as under:
(i) an aggregate of 70,07,076 (Seventy Lac Seven Thousand Seventy Six) Equity Shares, at an issue price of INR 532 (including a premium of INR 530) per Equity Share, to certain foreign investors, pursuant to and in terms of shareholders' approval dated June 11, 2018; and
(ii) an aggregate of 1,00,00,000 (One Crore) Equity Shares, at a conversion price of INR 132 (including a premium of INR 130) per Equity Share, to certain Promoter Group Entities of the Company, upon exercise/conversion of equivalent number of warrants, which were allotted to them pursuant to and in terms of shareholders' approval dated December 16, 2017.
For details, please refer the attachment. |
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