3i Infotech allots 40021201 equity shares

On conversion of FCCBs

3i Infotech announced that the Company has allotted 4,00,21,201 (Four Crore Twenty One Thousand Two Hundred One) equity shares to its bondholder, Energy Management, which had been issued on 12 December 2016, but were being held in abeyance as per the request of the bondholder.

The equity shares so allotted shall rank pari-passu in all respects with the existing equity shares of the Company.

Powered by Capital Market - Live News