|
Rane (Madras) has allotted 8,49,979 equity shares of face value of
Rs.10/- each fully paid-up pursuant to the exercise of 8,49,979 convertible warrants (partial conversion of the balance outstanding warrants) by Rane Holdings (RHL).
The allotment has been made for cash, upon the receipt of warrant exercise price of Rs. 176.475 per warrant (being balance 75% of issue price of Rs.235.30/- per warrant), aggregating Rs.15,00,00,000.
|