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Board of RattanIndia Infrastructure allots warrants to promoter group entity

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Last Updated : Dec 03 2015 | 9:02 PM IST

At meeting held on 03 December 2015

RattanIndia Infrastructure announced that pursuant to and in terms of shareholder's authorization as obtained in the 5th Annual General Meeting of the Company held on 30 September 2015 and subsequent receipt of in-principle approval of the Stock Exchanges, the Board of Directors of the Company, has in its meeting held on 03 December 2015, issued and allotted 32,00,00,000 warrant of the Company, convertible into equivalent number of equity shares of face value Rs. 2 each, to a promoter group entity.

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First Published: Dec 03 2015 | 8:29 PM IST

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