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Lanco Infratech informs about allotment of equity shares

03 Oct 2015 Evaluate

Lanco Infratech has informed that pursuant to the approval accorded by shareholders in the Annual General Meeting of the Company held on September 28, 2015, the Board of Directors on September 30, 2015 had allotted 26,51,74,603 Equity Shares of Re 1 each at a price of Rs 6.30  per equity share, by conversion of promoters contribution of Rs 167,06,00,000 into equity shares of the Company. In view of the above, the Paid-up Equity Capital of the Company stands at Rs 274,93,26,655.

The above information is a part of company’s filings submitted to BSE.

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