At meeting held on 28 July 2015
Capital Trust announced that the Board of Directors of the Company at its meeting held on 28 July 2015 took note of allotment of 10,00,000 Equity Shares pursuant to exercise of option against 10,00,000 warrants out of 75,00,000 warrants issued on 22 May 2015 to promoter, Yogen Khosla.An amount equivalent to 75% of the total consideration determined in terms of Regulation 76 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009, being the balance amount i.e. Rs. 8,77,50,000 as per Regulation 77(3) of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 has been received on allotment of the said Equity Shares.
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