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Arvind SmartSpaces allots 30 lakh equity shares

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Capital Market

On conversion of warrants

Arvind SmartSpaces has allotted 30,00,000 Equity Shares of Rs. 10/- ach at a premium of Rs. 168/- per share on conversion of equivalent number of warrants on 02 June 2018. Consequently, the paid up Equity Share Capital of the Company is increased to Rs. 34,86,75,500/-comprising of 3,48,67,550 Equity Share of Rs. 10/- each; (b) shareholding of Promoter and Promoter Group has increased to 60.18% of expanded capital of the Company and (c) the Company has become the subsidiary of Aura Securities , one of our promoters. Arvind SmartSpaces (formerly Arvind Infrastructure).

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First Published: Jun 04 2018 | 10:41 AM IST

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