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Religare Enterprises allots equity shares

28 Mar 2012 Evaluate

Religare Enterprises has informed that share allotment committee of the board of directors of the company in its meeting held on March 27, 2012 allotted 95, 97,156 equity shares of Rs. 10 each of the company for cash at price of Rs. 422 per share including a premium of Rs. 412 per share to Hospitalia Information Systems, wholly owned subsidiary of RHC Finance, one of the promoter group company.

Post the aforesaid allotment, the paid-up equity share capital of the company increased from Rs. 1,39,70,54,770 to Rs. 1,49,30,26,330.

The above information is part of company’s filing submitted to the BSE.

Peers
Company Name CMP
Bajaj Finserv 1771.00
TVS Holdings 12493.90
Cholamandalam Fin. 1433.10
Altius Telecom Infra 175.00
Kama Holdings 2204.55
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