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| Exchange Received Time 04/12/2018 16:48:41 Exchange Disseminated Time 04/12/2018 16:48:47 Time Taken 00:00:06 | | Pursuant to and in terms of shareholders' authorization dated 21.11.2018, applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations 2018, we wish to inform that the Allotment Committee of the Board of Directors of the Company, in its meeting held today i.e. on December 4, 2018, which was commenced at 3:45 P.M. and concluded at 4:30 P.M., has issued and allotted an aggregate of 2,69,09,089 Compulsorily Convertible Debentures of face value of Rs. 550/- each ('CCDs'), for a value aggregating to approx. Rs. 1480 Crores, to certain foreign investors. Upon conversion of these CCDs into an equivalent number of fully paid up Equity Shares of face value of Rs. 2/- each (at a premium of Rs. 548/- per Equity Share), the paid up share capital of the Company would stand increased to Rs. 1,164,118,368.10 divided into 548,939,979 fully-paid up Equity Shares of face value of Rs. 2 each and 82,547,512 partly-paid up Equity Shares with INR 0.80 paid up and 400,801 partly-paid up Equity Shares with INR 0.50 paid up. For details, pls refer attachment. |
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