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3i Infotech has allotted 4,88,55,774 equity shares of 10/- each at par on a preferential basis to Kotak Mahindra Bank, DCB Bank, OPC Asset Solutions, Rentworks India and Tata Capital Financial Services, Non-CDR Lenders of the Company under the DRS Package of the Company.
The Company has also allotted today 2,97,61,872, 0.10% Cumulative Non-Convertible Redeemable Preference Shares of face value Rs. 5/- each ('Class B Preference Shares') at par on a preferential basis to Kotak Mahindra Bank, DCB Bank, OPC Asset Solutions and Rentworks India under the DRS Package of the Company.
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