Gujarat NRE Coke has informed that pursuant to the applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Management Committee of the Company at its meeting held on March 31, 2016 has considered and allotted 33,185,000 equity shares of Rs 10 each at par to ICICI Bank against liability towards corporate guarantee, in accordance with the resolution passed by the shareholders. Consequently, the paid-up capital of the Company has increased from Rs 1270,34,21,850 to Rs 1303,52,71,850 comprising of 125,10,39,175 Equity Shares of Rs10 each and 5,24,88,010 ‘B’ Equity Shares of Rs 10 each.
The above information is a part of company’s filings submitted to BSE.
