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Board of HCL Technologies allots 1,55,63,430 equity shares

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At meeting held on 20 March 2017

With reference to the composite scheme of arrangement and amalgamation (Scheme) amongst Geometric, and 3DPLM Software Solutions, announced that the Board of Directors at their meeting held on 20 March 2017 has allotted 1,55,63,430 equity 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 of face value of Rs. 2/- of the Company for every 43 equity 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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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, March 21 2017. 11:20 IST