After completion of aforesaid transactions, the consolidated shareholding of the Promoters Group in the Company has increased from 29.33% to 33.47%.
Pursuant to aforesaid conversion, the Subscribed and Paid-up Equity Share Capital of the Company stands increased to Rs. 14,13,39,71,670 consisting of 1,41,33,97,167 fully paid-up equity shares of Rs. 10 each. The new equity shares so allotted shall rank pari-passu with the existing equity shares of the Company.
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