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Indiabulls Infrastructure & Power announced that on 16 September 2014, the Company has issued and allotted an aggregate of 5,35,01,080 (Five Crore Thirty Five Lacs One Thousand Eighty) Equity shares of face value Rs. 2/- each, against conversion of an equivalent number of warrants.
Consequent to the said issuance and allotment, the paid-up Equity Share Capital of the Company stands increased from Rs. 254,59,13,360/- divided into 127,29,56,680 Equity shares of face value Rs. 2/- each to Rs. 265,29,15,520/- divided into 132,64,57,760 Equity shares of face value Rs. 2/- each.
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