Thomas Cook (India) Limited allots 43,56,57,000 OCCRPS
Posted On: 2021-04-02 01:12:12 (Time Zone: Arizona, USA)
Pursuant to the approval of shareholders of Thomas Cook (India) Limited at its Extraordinary General Meeting held on 26th March, 2021 and pursuant to the delegation of power granted by the Board of Directors of the Company, the Sub-Committee of Board of Directors of the Company has approved the preferential allotment in terms of Chapter V of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations 2018, as amended from time to time ( SEBI ICDR Regulations ) of 43,56,57,000 (Forty Three Crore Fifty Six Lakh Fifty Seven Thousand) Optionally Convertible Cumulative Redeemable Preference Shares of Face Value Rs. 10/- each (the securities or OCCRPS ) to Fairbridge Capital (Mauritius) Limited on a private placement basis at a price of Rs. 10/- per security for cash, at par, aggregating to the consideration of Rs. 435,65,70,000/-
At meeting held on 11 March 2021The Board of Suzlon Energy at its meeting held on 11 March 2021 has approved the allotment of 5,87,28,240 equity shares of Rs 2 each on conversion of 6313 USD denominated convertible bonds due 2032 having face value of USD 320 each (which after capitalizing interest @2.75% per annum on half yearly basis on bonds is aggregating to USD 2,047,937) at a conversion price of Rs 2.61 per equity share with a fixed rate of exchange on conversion of Rs.74.8464 to US$ 1.00 in
terms of the Consent Solicitation and Information Memorandum dated 26 March 2020 as
supplemented on 31 March 2020 and 2 April 2020, pursuant to the conversion notice(s) received
Shares of SBI Life Insurance Company gained as much as 6.49 per cent to hit intraday high of Rs 983.95 after opening higher at Rs 945.30 against previous closing price of Rs 923.90
Read more about SBI Life Insurance Company allots 11,071 equity shares under ESOS on Business Standard. Post the allotment, the paid up share capital of the Company is Rs.10,00,06,97,480/-consisting of 100,00,69,748 equity shares of Rs. 10 each.
Suzlon Energy Limited allots 8,46,17,151 equity shares
Posted On: 2021-02-01 11:38:46 (Time Zone: Arizona, USA)
The Securities Issue Committee of the Board of Directors of Suzlon Energy Limited has, by way of circular resolution passed on 1st February 2021, approved allotment of 8,46,17,151 (Eight
Crores Forty Six Lacs Seventeen Thousand One Hundred Fifty One) equity shares of the Company bearing distinctive numbers from 8664667383 to 8749284533 and having a face value of Rs.2/- (Rupees Two Only) each on conversion of 9,221 (Nine Thousand Two Hundred Twenty One) US$ denominated Convertible Bonds due 2032 having a face value of USD 320 each at a conversion price of Rs.2.61 (Rupees Two and Paise Sixty One Only) per equity share with a fixed rate of exchange on conversion of Rs.74.8464 to US$ 1.00 in terms of the Consent Solicitation and Information Memorandum dated 26th March 2020 as supplemented on 31st March 2020 and 2nd April 2020, pursuant to the conversion notice(s) rec