On conversion of warrants
Supreme Infrastructure India announced that on 02 January 2015 the Company has allotted 20,00,000 Equity Shares of Rs. 10 each upon exercise of 20,00,000 Warrants by the Warrant holder by subscribing to one Equity Share of Rs. 10/- each per Warrant for cash at an exercise price of Rs. 185/- each on a preferential basis to BHS Housing, the Company belonging to Promoters of the Company.The above warrants were allotted on preferential basis on 19 December 2013 in compliance with the with SEBI (ICDR) Regulations, 2009 and amendments thereof.
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