Comp U Learn Tech India has informed that a meeting of the board of directors of the company will be held on July 03, 2012, to allot 100 Zero % fully convertible debentures, convertible into equity share of face value of Rs. 10 each, issued at a price calculated, considering relevant date as per Regulations 71(b) of SEBI ICDR Regulations 2009, up to Rs. 1,95,00,000 to M/s. HT Media Limited.
Further, the board allotted equity shares of Rs. 10 each at a premium of Rs. 6.50 per share for cash and convertible equity share warrants of Rs. 10 each at a premium of Rs. 6.50 per warrant to Promoter Group Company and selected persons other than the promoters on preferential issue basis.
The above information is a part of company's filings submitted to BSE.
