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Corporate News
10-Dec-20
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Board of HLE Glascoat approves allotment of securities to FPI
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At meeting held on 10 December 2020
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The Board of HLE Glascoat at its meeting held on 10 December 2020 has , approved the allotment of
1,44,404 Equity Shares, 2,69,638 Series A Warrants Convertible into Equity Shares and, 1,g2,455
Series B Warrants Convertible into Equity Shares to Malabar India Fund Limited, a category I
Foreign Portfolio Investor and 1,15,523 Series A Warrants Convertible into Equity Shares to
Malabar Value Fund - Scheme launched under Malabar investment Trust (SEBI registered AIF
category III trust) at a price of Rs.1,385 on preferential basis in accordance with SEBI (Issue of
Capital Disclosure Requirements) Regulations, 2009.
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