Viceroy Hotels To Allot Equity Shares

The board of Viceroy Hotels has approved the allotment of 52,16,250 equity shares of Rs 10 each at a premium of Rs 90 per share to A Vijayvardhan Reddy, promoter group (325,000 shares), Kotak Mahindra UK Sub A/c ICGQ (812,500 shares), Sonata Investments (1,625,000 shares), Ashadevi Goenka (650,000 shares), Kalpesh Dharamshi (162,500 shares), Alchemy Equity Research & Securities (97,500 shares), Rajeshkumar Jhunjhunwala (81,250 shares), Sushila Gupta (81,25 shares) , Sudha Children Trust (65,000 shares), Pankaj Talwar (16,250 shares) Ram Priya Housing (300,000 shares), MSSR Imp (300,000 shares), Laxmi Teja Garments (100,000 shares), Seshasayee Knittings (100,000 shares) Annapurna Gardens (100,000 shares), Thatvarthi Apparels (100,000 shares), CS Riverview Holiday Resorts (100,000 shares) and Cube Financial Services (200,000 shares) upon conversion of warrants issued earlier.

This was approved at the board meeting held on 23 October 23, 2007