Sensex

Thursday, June 02, 2011

Trigyn Technologies Ltd: Allotment of equity shares on conversion of warrants

Trigyn Technologies Ltd has informed BSE that the Board of Directors of the Company, by passing the resolution by circulation on June 02, 2011, have issued and allotted 14,45,000 equity shares at the price of Rs 18.81 per share, on preferential basis, to United Telecoms Limited, the Promoters, on conversion of equivalent number of warrants issued in terms of SEBI (Issue of Capital and Disclosure Requirements ) Regulations and SEBI (Substantial Acquisition of Shares and Takeover) Regulations.

Consequent to the above allotment, the paid up share capital of the Company has increased from Rs. 27,90,37,360/- to Rs. 29,34,87,360/-.

No comments: