On preferential basis
Just Dial has allotted 2,11,77,636 equity shares of the company by way of preferential allotment on private placement basis for cash consideration to Reliance Retail Ventures at a price of Rs 1022.25 per equity share (including premium of Rs 1012.25 per equity share) aggregating Rs 2164.88 crore. Post the allotment, Reliance Retail Ventures holds 40.98% of the total paid-up equity share capital of the company.Consequent to the above allotment, the issued, subscribed and paid-up share capital of the company stands increased to Rs 83,54,56,310/- comprising of 8,35,45,631 equity shares of face value of Rs 10/- each.
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