GVK Power - Allotment Of Equity Shares Under The QIP Offering

GVK Power & Infrastructure Ltd has informed that the QIP Committee of the Company at its meeting held on May 14, 2007 has issued and allotted 3,75,69,230 Equity Shares of Rs 10/- each at a premium of Rs 315/- per equity share (Issue Price of Rs 325/- per share) to the Qualified Institutional Buyers under Chapter XIII-A of the Securities and Exchange Board of India (Disclosure and investor Protection) Guidelines, 2000.