Himachal Futuristic Communication - Announcement under Regulation 30 (LODR)-Allotment 
This is further to our earlier letter(s) dated 22nd August, 2017, 26th August, 2017, 30th October, 2017 and 5th November, 2018, regarding the issue of Warrants convertible into equity shares on preferential basis to Promoters/Promoter Group of companies and Non-Promoters persons/entities.
Promoter/ Promoter Group of the company and non-promoter persons / entity has now exercised their right for conversion of the Warrants into equal nos. of equity shares of the Company, by paying balance 75% of the total consideration, in respect of 2,75,00,000 Warrants so being exercised.
Consequently, the Allotment Committee (Warrants) of the Board of Directors of the Company, at its meeting held today, i.e. on 29th March, 2019, has made allotment of 2,75,00,000 equity shares having face value of Re.1/- each, at a premium of Rs.15/- per equity share, to the Promoter/ Promoter Group of the company and non-promoter persons / entity as per the details given in the attached letter.
No comments:
Post a Comment