Inox Leisure has informed that the Board of Directors of the company at its meeting held today, Friday, 30th November, 2018 (the ‘Meeting’), approved the allotment of 64,00,000 Equity Shares of face value Rs 10 each to Gujarat Fluorochemicals, the holding company, (the ‘Promoter’) at the Issue Price of Rs 250 per Equity Share, including a premium of Rs 240 per Equity Share, aggregating to Rs 1,60,00,00,000. Pursuant to this allotment, the paid-up share capital of the company stands increased from 9,64,57,754 Equity Shares of Rs 10 each to 10,28,57,754 Equity Shares of Rs 10 each and the percentage shareholding of Gujarat Fluorochemicals stands increased from 48.09% to 51.32%. The Meeting commenced at 1:00 pm and concluded at 1:30 pm. The above is treated as disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI LODR Regulations’) read with SEBI Circular No. CIR/CFD/CMD/ 4/2015 dated 9th September, 2015 and/ or such other applicable Regulation(s) of the SEBI LODR Regulations. This intimation is also available on the website of the company at the web-link www.inoxmovies.com.
The above information is a part of company’s filings submitted to BSE.
| Company Name | CMP |
|---|---|
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| Saregama India | 344.55 |
| Shemaroo Entertain. | 105.35 |
| Balaji Telefilms | 94.39 |
| UFO Moviez | 72.06 |
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