XL Telecom & Energy Ltd has informed that a Committee of the Board of Directors at its meeting held on March 27, 2008, has allotted 11,00,000 (Eleven Lakhs) Equity Shares of Rs 10/- each at a premium of Rs 125/- on conversion of warrants to the following:
1. Sree Sahasya Enterprises Pvt Ltd (Previously Sree Sahasya Investments Pvt Ltd) & (Promoter Group)
- No of shares allotted : 11,00,000
- No of warrants converted: 11,00,000
Consequently, the paid up Equity Share Capital of the Company has been increased from 17484972 Equity Shares of Rs 10/- each to 18584972 Equity Shares of Rs 10/-each.
1. Sree Sahasya Enterprises Pvt Ltd (Previously Sree Sahasya Investments Pvt Ltd) & (Promoter Group)
- No of shares allotted : 11,00,000
- No of warrants converted: 11,00,000
Consequently, the paid up Equity Share Capital of the Company has been increased from 17484972 Equity Shares of Rs 10/- each to 18584972 Equity Shares of Rs 10/-each.
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