UTV Software Communications Ltd has informed that pursuant to the authority granted by the Board of Directors to the Shareholders Investor / Grievance Committee at its meeting held on February 20, 2008 have allotted 5,19,500 equity shares of Rs 10/- each at a issue price of Rs 192.50 per share upon conversion of 5,19,500 warrants to Mr. Rohinton Screwvala pursuant to the approval granted by the members at their Annual General Meeting held on August 24, 2006.
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