Piramal Enterprises allots 17,585 equity shares under rights issue

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Capital Market
Last Updated : Apr 05 2019 | 4:31 PM IST
Piramal Enterprises has allotted 17,585 equity shares of face value of Rs.2 each, at an issue price of Rs. 2,380 per equity share including a premium of Rs. 2,378 per equity share in favour of holders of the Compulsorily Convertible Debenture under rights issue of the company.

Pursuant to the aforesaid allotment:

I. The paid up share capital of the Company stands increased from 18,44,46,972 equity shares of Rs. 2 each amounting to Rs. 36,88,93,944 to 18,44,64,557 equity shares of Rs.2 each amounting to Rs. 36,89,29,114: and

2. The reservation portion in favour of CCD holders stands decreased from 7.88,764 equity shares to 7, 71,179 equity shares.

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First Published: Apr 05 2019 | 4:07 PM IST

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