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Visagar Polytex Ltd — Share Issue/Capital Change 2019
Feb 16, 2019
63430_rns_2019-02-16_15da2b16-dda4-437c-b228-61fbb13fb7e1.pdf
Share Issue/Capital Change
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16th February, 2019
| / | ||
|---|---|---|
| :A'he Bombay Stock Exchange Limited | The National Stock Exchange of India | |
| V | Corporate Communication Department, | Limited |
| Dalal Street, Fort | Exchange Plaza, Plot No. C/1, G Block, | |
| Mumbai - 400001 |
Bandra Kurla Complex, | |
| BSE Scrip ID-VIVIDHA | Bandra (E), Mumbai - 400 051 |
|
| BSE Scrip Code - 506146 |
ISIN Code- INE370E01029 |
Sub: Outcome of Board Meeting held on Saturday, the 16th day of February, 2019.
Dear Sir,
This is to inform you that that the Board of Directors of the Company at their Meeting held on 16th February, 2019, inter alia, has approved and taken on record the following-
- The allotment of 2,30,00,000 equity shares of FV Rs.1/- each at a premium of Rs. 0.12/ per share upon conversion of equivalent number of Fully Convertible Warrants allotted on Preferential basis to the following Non-promoter Group:
| Sr. No. |
Name of Allottees | No. of Warrants |
|---|---|---|
| 1. | Pravin Nanji Gala HUF | 50,00,000 |
| 2. | Nirmala Pravin Gala | 25,00,000 |
| 3. | Dhrumil Pravin Gala | 25,00,000 |
| 4. | Vined Manila! Gala | 80,00,000 |
| 5. | Jayesh Malshi Rita | 25,00,000 |
| 6. | Hitesh Malshi Rita | 25,00,000 |
| Total | 2,30,00,000 |
The disclosure in respect of the aforesaid allotment on Preferencial basis is in pursuance of the requirement under Regulation 30 of the SEBI (Listing Obligation & Disclosure Requirements) Regulation, 2015.
You are requested to take the above information on your record.
VISAGAR POL YTEX LIMITED
Regd. Off.: 907/908, Dev Plaza, S. V. Road, Andheri (W), Mumbai - 400 058. Tel.: (022) 6742 4815 Email : [email protected] Website: www.visagorpolytex.in CIN: L655990MH1983PLC030215