At meeting held on 20 March 2017With reference to the composite scheme of arrangement and amalgamation (Scheme) amongst Geometric, HCL Technologies and 3DPLM Software Solutions, HCL Technologies announced that the Board of Directors at their meeting held on 20 March 2017 has allotted 1,55,63,430 equity shares of face value Rs.2/- each, fully paid-up to the equity shareholders of the Geometric.
In terms of the Scheme, the shareholders of Geometric have been allotted 10 equity shares of face value of Rs. 2/- of the Company for every 43 equity shares of face value of Rs.2/- each held by them in Geometric as on the Record date of 15 March 2017.
Consequent to the said allotment the paid-up share capital of the Company has gone up to 142,67,83,424 equity shares of face value of Rs.2/- each aggregating to Rs. 285,35,66,848/-
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