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Rs. 5/- each fully paid up to the Promoter Group, at a price of Rs. 85/- (including a premium of Rs. 80/-) per equity share. The allotment of balance shares as approved by the Shareholders will be considered after receipt of relevant approval from FIPB.
Further the Company has informed that, the aforesaid Equity Shares shall be subject to lock-in, in accordance with the provisions of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulation, 2009.
Consequent to the aforesaid allotment, the paid-up Capital of the Company stands increased to 79451170 equity shares of Rs 5/- each fully-paid.