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BSE SENSEX
73,651.35
+655.04
+0.90 %
Corporate Announcement
Security Code
532873
Company
Housing Development and Infrastructure Ltd
Exchange Received Time
13/01/2018 16:10:59
Exchange Disseminated Time
13/01/2018 16:11:04
Time Taken
00:00:05
Allotment |
1/13/2018 4:10:59 PM
We would like to inform you that, in pursuance to the special Resolution passed through postal ballot on December 27, 2017 by the Members of the Company, pursuant to Chapter VII of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 and Sections 62 and 42 of the Companies Act, 2013 ('The Act') read with relevant rules framed thereunder, the Finance Committee of the Board at its Meeting held on January 12, 2018, approved the allotment of 2,00,00,000 (Two Crore) warrants at an 'Issue Price' of ? 70.50/- per warrant to Mr. Sarang Wadhawan, Promoter of the Company, upon receipt of minimum subscription amount as prescribed under Regulation 77 of SEBI ICDR Regulations.
Consequent to the issue of warrants by the Company; as on date there is no change in the paid up equity share capital of the Company.
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