At meeting held on 19 February 2018
The Board of Kwality at its meeting held on 19 February 2018 has approved the conversion of -a) 1 (One) convertible warrant into 21,69,762 equity shares at a price of Rs 115.22/- per share aggregating to Rs 25 crore allotted to Bennett, Coleman & Co at a face value of Rs 1/- each and;
b) 1 (One) Compulsorily Convertible Debenture into 12,15,066 equity shares at a price of Rs 115.22/- per share aggregating to Rs 14 crore allotted to HT Media at a face value of Rs 1/- each.
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