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Corporate News
02-Mar-17
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Adani Power allots 4,09,88,991 equity shares
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On conversion of warrants
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Adani Power has allotted 4,09,88,991 equity shares of Rs. 10/- each upon (with a premium of Rs 22.54 per equity share) on conversion of the Convertible Warrants. Consequently, the paid up share capital of the Company has increased to Rs 3732.86 crore comprising of 3,73,28,63,685 equity shares of Rs 10 each.
Subsequent to this allotment, the shareholding of the Promoter and Promoter Group has increased to 67.069% of the enhanced paid up equity share capital of the Company.
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