Announcement under Regulation 30 (LODR)-Allotment

| Updated on May 28, 2018 Published on May 28, 2018

The Company has, pursuant to and in terms of Chapter VII of the SEBI (ICDR) Regulations, issued and allotted an aggregate of 1,75,00,000 (One Crore Seventy Five Lac) fully paid up equity shares of face value Rs. 2/- each of the Company (Equity Shares), as under:

(i) an aggregate of 75,00,000 Equity Shares to Powerscreen Media P Ltd, Calleis Real Estate P Ltd, Calleis Constructions P Ltd and Calleis Properties P Ltd, the Promoter Group Entities at conversion price of Rs 132 (including premium of Rs 130) per Equity Share, upon conversion of equivalent number of warrants, which were allotted to them pursuant to shareholders approval dated December 16, 2017; and

(ii) an aggregate of 1,00,00,000 Equity Share to Steadview Capital Mauritius Ltd, ABG Capital and LTR Focus Fund, SEBI registered FPIs, at issue price of Rs 330 (including premium of Rs 328) per Equity Share, pursuant to shareholders approval dated May 22, 2018.

For details, please refer the attachment.

Pdf Link: Announcement under Regulation 30 (LODR)-Allotment

Source : BSE - www.bseindia.com

Published on May 28, 2018
This article is closed for comments.
Please Email the Editor