LANCO INFRATECH LTD. - Appointment of Directors
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| 23 Jun 2015 | |
| Lanco Infratech Ltd has informed BSE that the Board of Directors of the Company on June 23, 2015 appointed Sri Vijoy Kumar and Sri Pawan Chopra as Additional Directors under the Category of Independent Directors, with effect from June 23, 2015.<BR><BR>Further the Company has informed that, the Board of Directors of the Company approved the allotment of 2,17,72,493 (Two Crores Seventeen Lakhs Seventy Two Thousand Four Hundred and Ninety Three) Equity Shares of Re. 1/- (Rupee One only) each at an issue price of Rs. 6.23/- (Rupees Six and Paise Twenty Three Only) per share to ICICI Bank Limited, CDR Lender, as per CDR Package approved for the Company.<BR><BR>The said allotment is made on preferential basis under Chapter VII of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009.<BR><BR>The Paid-up Share Capital of the Company after the above allotment stands at Rs. 248,41,52,052/- (Rupees Two Hundred and Forty Eight Crores Forty One Lakhs Fifty Two Thousand and Fifty Two only) comprising of 248,41,52,052 Equity Shares of Re. 1/- each. The Equity Shares allotted to ICICI Bank Limited shall be locked-in for a period of one year in terms of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009. | |
| View all announcements for LANCO INFRATECH LTD. | Source: BSE India |
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