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SUBEX LTD. - Allotment Of Equity Shares On Preferential Basis
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15 May 2017
In accordance with provisions of Regulation 30(2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 , Chapter VII of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) regulations, 2009 and pursuant to the resolution passed by the Board today, the Stock Exchange intimations dated March 31, 2017 and May 13, 2017, please be informed that the Allotment of Equity shares on Preferential Basis was approved at the rate of INR 14 per equity share as set out below: Sr. No. Investors No. of shares 1. QVT Singapore Fund Pte. Ltd 27,531,428 2. Tonbridge (Mauritius) Limited 17,916,321 3. Leeds (Mauritius) Limited 9,647,250 Total 55,094,999 The aforementioned shares rank pari passu with the existing equity shares of the Company. Consequently, the paid-up share capital of the Company is increased to 562,002,935 equity shares.
View all announcements for SUBEX LTD. Source: BSE India