Corporate News 12-Dec-11
Indiabulls Power allots equity shares
On 12 December 2011
The board of Indiabulls Power in its meeting on 12 December 2011 has issued and allotted its fully paid equity shares of face value Rs 10 each, to IPL-PPSL Scheme Trust, in terms of the Court approved scheme of arrangement by and among the company, Indiabulls Infrastructure and Power, Indiabulls Builders, Indiabulls Power, and Poena Power Supply and their respective shareholders and creditors.
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