The company has further allotted 24,97,46,836 Equity Shares of Rs. 2 each at a price of Rs. 217.25 per share (including premium of Rs. 215.25 per share) on conversion of 24,97,46,836 Compulsorily Convertible Unsecured Debentures (CCDs).
Pursuant to the allotment of Equity Shares in the QIP the paid-up equity share capital of the Company stands increased to Rs 391.49 crore comprising 1,95,74,75,112 Equity Shares. Upon conversion of CCDs, the paid-up equity share capital of the Company stands increased to Rs 441.44 crore comprising 2,20,72,21,948 Equity Shares.
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