HIMACHAL FUTURISTIC COMMUNICATIONS LTD. - Allotment

This is further to our earlier announcement dated 22.08.2017 & 26.08.2017 regarding the issue of Warrants convertible into equity shares on preferential basis to Promoters/Promoter Group of the companies and Non- Promoters Persons/entities.<BR> On receipts of subscription price equivalent to 25% of the issue price (Issue price being Rs.16 per warrant), the Allotment Committee (Warrants) of Board of Directors at their meeting held on 30th October,2017 has allotted 4,50,00,000 (Four Crore Fifty Lakh Only) Warrants to the following allottees:<BR> Name Group Convertible Warrants<BR> MN Ventures Private Limited (Promoter/Promoter Group) - 75,00,000 <BR> NextWave Communications Private Limited (do) - 75,00,000 <BR> Keventer Capital Limited (Non-Promoter Group) - 1,00,00,000 <BR> Shri Shankar Sharma (do) - 1,00,00,000 <BR> Shri Devashish Poddar (do) - 50,00,000 <BR> Shri Ayush Poddar (do) - 25,00,000 <BR> Smt. Mansi Poddar (do) - 25,00,000<BR>