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Board of Onesource Ideas Venture allots 28.50 lakh equity shares on preferential basis

Capital Market 

At meeting held on 10 July 2017

The Board of Directors of Onesource Ideas Venture at its meeting held on 10 July 2017 transacted the following -

Pursuant to the In-principal Approval received from BSE on 22 June, 2017 and in accordance with the Special Resolution passed by the Company on 26 June,2017, the Board of Directors have allotted 28,50,000 Equity of Rs.10 per share fully paid at a premium of Rs.6/- per share on Preferential basis thereby increasing the Paid up Share Capital of the Company from Rs. 22,50,000/- divided in to 2,25,000 Equity of Rs. 10/- per share to Rs. 3,07,50,000/- divided in to 30,75,000 Equity of Rs. 10/- per share

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First Published: Tue, July 11 2017. 11:53 IST