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| Exchange Received Time 04/05/2017 17:27:36 Exchange Disseminated Time 04/05/2017 17:27:41 Time Taken 00:00:05 | | Pursuant to the provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), we hereby inform you that the Securities Allotment and Transfer Committee of the Board of Directors of the Company at its meeting held on Thursday, May 4, 2017, has allotted by way of preferential issue to Housing Development Finance Corporation Limited by way of conversion of equivalent amount of debt: 1. 13,84,994 fully paid-up equity shares of Rs.10 each ('Equity Share(s)'), at a price of Rs.59.35 (including a premium of Rs.49.35) per Equity Share aggregating Rs 8,21,99,393.90 (Rupees Eight Crore Twenty One Lakh Ninety Nine Thousand Three Hundred Ninety Three and paise Ninety only); and 2. 4,22,45,764 fully paid-up 0.10% Compulsorily Redeemable Preference Shares of Rs.10 each ('CRPS') at par, aggregating Rs 42,24,57,640 (Rupees Forty Two Crore Twenty Four Lakh Fifty Seven Thousand Six Hundred and Forty only). |
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