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Fedders Lloyd Corporation allots 11.40 lakh equity shares

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Capital Market

On conversion of warrants

Fedders Lloyd Corporation has allotted 11,40,000 equity shares of Rs 10 each on conversion of warrants. Subsequent to the allotment, the paid up share capital of the Company has increased to 3,39,69,700 equity shares of face value of Rs 10 each. The shareholding of promoters and promoters' group has increased from 50.32% to 51.99% of the paid up share capital of the Company.

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First Published: Jan 13 2017 | 6:32 PM IST

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