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Ganesha Ecosphere announced that the Board of Directors of the Company at its meeting held on 19 September 2015 has made the Allotment of 2,50,000 Equity Shares of the Company to the "MCAP India Fund", ( Non-Promoter), against conversion of 2,50,000 Warrants earlier allotted to them on preferential basis on 03.10.2014, in terms of in-principle approval letter dated 26.09.2014 of BSE.
With the aforesaid allotment, the total Paid-up Equity Share Capital of the Company has been enhanced from Rs. 18,92,68,770/-to Rs. 19,17,68,770/-divided into 1,91,76,877 Equity Shares of Rs. 10/- each.
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