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Corporate News
07-Mar-17
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Indiabulls Ventures allots 2,46,50,000 Equity shares
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On conversion of warrants
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Indiabulls Ventures (formerly Indiabulls Securities) ('the Company') has issued and allotted an aggregate 2,46,50,000 Equity shares of face value Rs. 2/- each, to promoter group entities, upon exercise/conversion of equivalent number of warrants, which were allotted pursuant to and in terms of shareholders' approval dated 15 July 2016. Consequent to the said allotment, the paid-up Equity Share Capital of the Company stands increased to Rs. 63,79,13,840 divided into 31,89,56,920 equity shares of face value Rs. 2/- each.
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