On conversion of warrants
Dewan Housing Finance Corporation has on 30 September 2016 allotted 2,12,30,070 equity shares of Rs. 10/- each, fully paid up, to Wadhawan Global Capital (WGCPL) against warrants issued to them. As a result, WGCPL's shareholding in the company has increased to 37.39% and the promoter group's shareholding has increased to 39.31%.Consequent to the allotment of aforesaid equity shares, the Paid-up Equity Share Capital of the Company stands increased from Rs. 291,79,79,880 divided into 29,17,97,988 equity shares of face value of Rs.10/- each to Rs. 313,02,80,580 divided into 31,30,28,058 equity shares of face value of Rs. 10/- each.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
