Emerald Leisures has issued and allotted 1,00,000 Non-convertible, Non-cumulative, Redeemable Preference Shares of face value of Rs 100 each on private placement basis to the promoter/ promoter group, Juhu Resorts and Development. The said preference shares are not proposed to be listed on any Stock Exchange.
The subscribed and paid-up share capital of the company has increased from Rs 12,45,31,000 comprising of 19,53,100 Equity Shares of face value of Rs 10 each and 10,50,000 Non-convertible, Non-cumulative, Redeemable Preference Shares of face value of Rs 100 each to Rs 13,45,31,000 comprising of 19,53,100 Equity Shares of face value of Rs 10 each and 11,50,000 Non-convertible, Non-cumulative, Redeemable Preference Shares of face value of Rs 100 each.
