IL&FS Transportation Networks has informed that the Committee of Board of Directors of the Company has allotted 8,22,40,007 Equity Shares of Rs 10 per share for cash at a price of Rs 90 per Equity Share (including a premium of Rs 80 per Equity Share) to the successful applicants in the Rights Issue of the Company, in accordance with the basis of allotment as finalized by the Company, the Lead Manager and the Registrars to the Issue, in consultation with National Stock Exchange of India Ltd, the Designated Stock Exchange on November 04, 2015. Consequently, the issued, subscribed and paid up share capital of the Company now stands increased from Rs 246,72,00,200 to Rs 328,96,00,270.
The above information is a part of company’s filings submitted to BSE.
