Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Ugro Capital has informed that Samena Fidem Holdings were allotted an aggregate of 8,783,785 convertible warrants of the Company on August 16, 2018. Samena Fidem Holdings has exercised its right to exchange 5,956,757 convertible warrants with 5,956,757 equity shares of the Company, Accordingly, the Securities Allotment and Transfer Committee on 20th December, 2019 has considered and approved conversion of 59,56,757 Warrants held by Samena Fidem Holdings into equal number of equity shares of the Company. Pursuant to the above conversions the equity share capital of the Company stands increased to 705,28,550 equity shares of Rs 10 each amounting to Rs 70,52,85,500.
The above information is a part of company’s filings submitted to BSE.
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