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| Exchange Received Time 27-07-2018 17:57:33 Exchange Disseminated Time 27-07-2018 17:57:36 Time Taken 00:00:03 | Board of Directors of the Company in its meeting held today i.e. Friday, July 27, 2018, has approved the allotment of:-
a) 4,87,000 equity shares on a preferential basis to Non- Promoters / Non- Promoter Groups, of face value of Rs. 10/- each, at a premium of Rs. 145/- for an issue price of Rs. 155/-.
Consequently, the paid up Equity Share Capital stand increased from Rs. 415,35,800 consisting of 41,53,580 equity shares of Rs. 10/- each to Rs. 464,05,800 consisting of 46,40,580 equity shares of Rs. 10/- each.
b) 7,50,000 Convertible Warrants to Promoters/Non Promoters and Non Promoter Groups, at a issue price of Rs. 155/-, out of which 25% has been received upfront. |
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