Ambuja Cement allots 21.20 cr equity shares on conversion of warrants

Ambuja Cement has allotted 21,20,30,758 equity shares on conversion of equivalent number of warrants on receipt of balance subscription amount of Rs 314.15 per warrant (i.e. 75% of the issue price) to Harmonia Trade and Investment (promoter group of the company). Post allotment of equity shares, the paid up equity share capital has increased to 219,76,75,987 equity shares of Rs 2 each.

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