Greenply Ind to allot 23.47 lakh shares
Greenply Industries Ltd will allot 23.47 lakh equity shares to foreign investor Aeneas Portfolio Company LP on a preferential basis.
By PTI |
MUMBAI: Greenply Industries Ltd will allot 23.47 lakh equity shares to foreign investor Aeneas Portfolio Company LP on a preferential basis.
The EGM held recently approved the allotment of the shares of Rs 5 each at a price of Rs 114 per share (including a premium of Rs 109 per share) to Aeneas Portfolio, the company informed the Bombay Stock Exchange.
The meeting also approved preferential allotment of 6.70 lakh shares of Rs 5 each at a price of Rs 114 per share to the promoters, Greenply Leasing and Finance Ltd.
A preferential allotment of 1.45 lakh convertible warrants number 1 to Greenply Leasing and Finance, convertible into an equal number of shares, was also given a nod by the shareholders.
An allotment of 4 lakh convertible warrants number 2 on a preferentail basis, convertible into an equal number of shares to Greenply Leasing and Finance, was approved in the meeting as well.
The EGM held recently approved the allotment of the shares of Rs 5 each at a price of Rs 114 per share (including a premium of Rs 109 per share) to Aeneas Portfolio, the company informed the Bombay Stock Exchange.
The meeting also approved preferential allotment of 6.70 lakh shares of Rs 5 each at a price of Rs 114 per share to the promoters, Greenply Leasing and Finance Ltd.
A preferential allotment of 1.45 lakh convertible warrants number 1 to Greenply Leasing and Finance, convertible into an equal number of shares, was also given a nod by the shareholders.
An allotment of 4 lakh convertible warrants number 2 on a preferentail basis, convertible into an equal number of shares to Greenply Leasing and Finance, was approved in the meeting as well.
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