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Board of Cerebra Integrated Technologies allots equity shares on conversion of FCCBs

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Capital Market
Last Updated : Jan 29 2015 | 2:23 PM IST

At meeting held on 28 January 2015

Cerebra Integrated Technologies announced that the Board of Directors of the Company at its meeting held on 28 January 2015, inter alia, has proceeded to allot the following securities valued up to 6 million USD upon conversion of FCCBs issued on 19 December 2014:

1. 36236280 Equity Shares of Rs 10/.. each at a premium of Rs. 0.50 each to Strategic Investors upon exercise of options by the FCCB holders.

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First Published: Jan 29 2015 | 11:43 AM IST

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