On preferential basis
Lanco Infratech announced that pursuant to the approval accorded by shareholders in the Annual General Meeting of the Company held on 28 September 2015 the Board of Directors on 30 September 2015 had allotted 26,51,74,603 (Twenty Six Crores Fifty One Lakhs Seventy Four Thousand Six Hundred and Three only) Equity Shares of Re. 1/- (Rupee One only) each at a price of Rs. 6.30/- (Rupees Six and Thirty Paise only) per equity share, by conversion of promoters contribution of Rs.167,06,00,000/- (Rupees One Hundred and Sixty Seven Crores and Six Lakhs only) into equity shares of the Company.In view of the above, the Paid-up Equity Capital of the Company stands at Rs. 274,93,26,655/- (Two Hundred and Seventy Four Crores Ninety Three Lakhs Twenty Six Thousand Six Hundred and Fifty Five only).
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