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Allotment of Convertible share warrants to the promoter group Companies

| Updated on June 09, 2011 Published on June 09, 2011

Birla Power Solutions Ltd has informed BSE that pursuant to the resolution passed by the shareholders by postal ballot on December 23, 2010 and the approvals granted by the stock exchanges, the share allotment Committee of Board of Directors of the Company, at a meeting held on June 09, 2011, has allotted 21,35,19,690 convertible share warrants to the promoter group Companies on preferential allotment basis in accordance with SEBI (ICDR) Regulations 2009 as per following details:-

1. Name of Allottee : Godavari Corporation Pvt. Ltd.
No. of Warrants : 5,33,79,923

2. Name of Allottee : Birla Bombay Pvt. Ltd.
No. of Warrants : 5,33,79,923

3. Name of Allottee : Shearson Trading & lnvestment Co. Pvt. Ltd.
No. of Warrants : 5,33,79,922

4. Name of Allottee : Nirved Traders Pvt. Ltd.
No. of Warrants : 5,33,79,922

Source : BSE - >www.bseindia.com

Published on June 09, 2011
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