ALSO READBoard of Modern Shares & Stockbrokers recommends final dividend Modern Shares & Stockbrokers standalone net profit declines 20.00% in the March 2017 quarter Modern Shares & Stockbrokers reports standalone net profit of Rs 0.02 crore in the June 2017 quarter BSE-listed cos' promoters pledged Rs2.61 lakh cr shares in Aug Snap shares bounce off low; employees free to sell shares
On private placement basisEmerald Leisures announced that the IPO Committee of the Company at their meeting held on 9 October, 2017 has issued and allotted 1,00,000 NCRPS of face value of Rs. 100/- each on private placement basis to the promoter/ promoter group, Nikhil Vinod Mehta and Kuntal Nikhil Mehta in equal proportionate basis (i.e. 50,000 NCRPS each).
The said Preference Shares are not proposed to be listed on stock exchanges.
In view of the above the issue and allotment, the issued, subscribed and paid-up share capital of the Company has increased from Rs. 7,45,31,000/- comprising of 19,53,100 Equity Shares of face value of Rs. 10/- each and 5,50,000 Non-convertible, Non-cumulative, Redeemable Preference Shares of face value of Rs. 100/- each to Rs. 8,45,31,000/- comprising of 19,53,100 Equity Shares of face value of Rs. 10/- each and 6,50,000 Non-convertible, Non-cumulative, Redeemable Preference Shares of face value of Rs. 100/- each.
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