Wednesday, March 5, 2008

UTV Software - Allotment Of Equity Shares

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 March 04, 2008 have allotted 14,29,860 equity shares of Rs 10/- each at a issue price of Rs 192.50 per share upon conversion of 14,29,860 warrants and out of the aforesaid conversion Mr. Rohinton Screwvala has been allotted 6,79,860 equity shares upon conversion of 6,79,860 warrants.

The said allotment has been made pursuant to the authority granted by the members at their Annual General meeting held on August 24, 2006.

Pursuant to the aforesaid conversion the total paid equity share capital of the Company has increased and now consist of 2,48,42,968 equity shares of Rs 10/- each aggregating to Rs 24,84,29,680/-

No comments: