skip to main |
skip to sidebar
Core Projects & Technologies Ltd has informed that the Shareholders / Investors Grievance Committee constituted by the Board at its meeting held on December 12, 2007, has allotted 21,67,607 Equity Shares of Rs 2/- on conversion of FCCBs.
With this allotment the paid capital of the Company stands increased to Rs 14,84,92,590 comprising 7,42,46,295 equity shares of Rs 2/- each.
Adlabs Films Ltd has informed that the Committee of the Board of Directors at its meeting held on December 11, 2007 has allotted 9,48,565 equity shares of Face Value Rs 5/- each for cash at a price of Rs 543.42 (including a premium of Rs 538.42) per share pursuant to the conversion notices received in respect of conversion of Zero Coupon Foreign Currency Convertible Bonds aggregating 9,500,000 Euros (or Rs 51,54,70,000) in value.
Pursuant to the allotment the total paid up share capital of the Company shall be Rs 21,19,51,655/- divided into 4,23,90,331 equity shares of Rs 5 each fully paid up.
Further pursuant to the allotment the Networth of the Company shall be Rs 451.85 crores.
The outstanding amount of Zero Coupon Foreign Currency Convertible Bonds is now 58,065,000 Euros in value.
Reliance Communications Ltd has informed that the Allotment Committee of the Board of Directors of the Company has, pursuant to requests received from the holders of Zero Coupon Foreign Currency Convertible Bonds (FCCBs) of USD 1,000 each, allotted 2,06,602 equity shares of Rs 5 each at a predetermined premium of Rs 475.68 per equity share on December 07, 2007.
The allotted equity shares as aforesaid shall rank pari passu in all respect with the existing equity shares of the Company and shall be entitled for full dividend, if declared for the financial year 2007-08.
Consequent upon the said allotment, the paid-up capital of the Company stands increased to 206,13,02,001 fully paid-up equity shares of Rs 5 each.
ACC Ltd has informed that pursuant to the Resolutions passed by Circular dated December 06, 2007, by the Shareholders / Investors Grievance Committee of the Board:
54,375 shares were allotted against conversion of FCCBs by Bond Holders.
Consequently, the paid up Share Capital of the Company has increased from 18,75,64,829 shares to 18,76,19,204 shares of Rs 10/- face value, as of date.