Ducon Infratechnologies Limited allots shares, warrants at Rs. 5
Posted On: 2021-02-01 10:01:59 (Time Zone: Arizona, USA)
The Members of the Allotment Committee of Ducon Infratechnologies Limited at its meeting held today i.e., Monday, 1st February, 2021, have approved the issuance and allotment of the following on conversion of outstanding Unsecured Loan amount post receiving in-principal approval from BSE Ltd. and National Stock Exchange of India Ltd.:
- 5,70,00,000 Equity Shares and 5,96,34,400 Warrants convertible into Equity Shares to Mr. Arun Govil, Promoter and Managing Director of the Company at an issue price of Rs. 5/- each (Face Value of Re. 1/- each and Premium value of Rs. 4/- each).