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The members of Dewan Housing Finance Corporation have authorised the company for the issue of equity shares of face value of Rs 10 each in the company to QIBs for an amount not exceeding Rs 300 crore under QIP at the extra ordinary general meeting held on 27 June 2009.
The Committee of the board of the company has issued and allotted 1,60,12,231 fully paid-up equity shares of Rs 10 each, at a price of Rs 141 per equity share , aggregating to Rs 225,77,24,571.
Consequent to the issue and allotment of the equity shares as aforesaid, the paid-up equity share capital of the company stands increased from the present Rs 60,52,29,750 divided into 6,05,22,975 equity shares of face value of Rs 10 each to Rs 76,53,52,060 divided into 7,65,35,206 equity shares of face value of Rs 10 each.
These shares were allotted at the committee meeting held on 07 July 2009.
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