Thursday, April 17, 2008

S.Kumars Nationwide Allots Equity Shares

The committee of S.Kumars Nationwide have approved conversion of 53,00,000 equity warrants 'series B' into equity shares and allotted 53,00,00 equity shares of Rs 10 each at a premium of Rs 72.50 per share to Ingenious Finance & Investment (26,50,000 equity shares) and Verve Properties & Investment (26,50,000 equity shares).

These shares were allotted at the committee meeting held on 16 April 2008.

No comments: