Adani Power allots 1,73,72,381 equity shares

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On conversion of warrants
Adani Power has allotted 1,73,72,381 equity shares of Rs 10 each upon partial conversion of convertible warrants to promoter group entities.Up on allotment of these shares, the total paid up equity share capital has increased to 3,85,69,38,941 equity shares of Rs 10 each aggregating Rs 3856.93 crore and shareholding of promoter and promoter group has increased to 68.08%.
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First Published: Mar 23 2017 | 7:02 PM IST