Genus Power Infrastructures Ltd has informed that the Board of Directors of the Company at its meeting held on April 17, 2008, has allotted 7,00,000 equity shares of Rs 10 each at a premium of Rs 189 per share (i.e. conversion at the rate of Rs 199 per share), upon conversion of 7,00,000 convertible warrants.
The aforesaid equity shares shall rank pari passu in all respect with the existing equity shares of the Company.
Consequent upon the aforesaid allotment of equity shares, the paid-up equity share capital of the Company stands increased to 14790682 fully paid-up equity shares of Rs 10 each.
The aforesaid equity shares shall rank pari passu in all respect with the existing equity shares of the Company.
Consequent upon the aforesaid allotment of equity shares, the paid-up equity share capital of the Company stands increased to 14790682 fully paid-up equity shares of Rs 10 each.
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