The committee of Shriram Transport Finance Company has decided to issue, offer and allot upto 6800000 equity shares of Rs 10 each to Blue Ridge partnership, Blue Ridge Offshore Master partnership / their respective affiliates for cash at a price of Rs 300 per equity share.
The committee has decided to issue and allot upto 4000000 equity shares of Rs 10 each to Tiger Global Management LLC / its affiliates for cash at a price of Rs 300 per equity share.
The committee has decided to issue and allot upto 1200000 equity shares of Rs 10 each to Kampani Finance for cash at a price of Rs 300 per equity share.
Further, the committee has decided to issue and allot upto 8000000 warrants to Shriram Holdings (Madras) at a subscription price not less than Rs 30 for each warrant conferring an option to the holder to subscribe to one equity share per warrant at an exercise price of Rs 300 per warrant.
This was decided at the committee meeting held on 13 November 2007.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment