This is a regulatory disclosure submitted to BSE Limited and National Stock Exchange of India Ltd regarding the allotment of equity shares to the company's promoter.
Key Quantitative Figures
- Number of equity shares allotted: 17,04,324 (Seventeen Lakhs Four Thousand Three Hundred Twenty Four)
- Face value per share: ₹2
- Total issued, subscribed and paid-up share capital post-allotment: ₹285,237,344
- Total number of equity shares post-allotment: 142,618,672
- Warrant conversion price received: ₹1,115.25 per warrant (75% of the Warrant issue price)
- Additional amount remitted by promoter for future conversion: USD 14.99 million (Equivalent to ₹1,424.345 million)
Transaction Details
- Type of securities: Equity shares issued upon conversion of warrants
- Type of issuance: Preferential allotment
- Name of Investor: Affle Holdings Pte. Ltd. (Promoter Company)
- Number of Investors: 1
- Outcome: 17,04,324 equity shares allotted to the allottee
Current Status and Next Steps
The company is in the process of applying for listing of the aforesaid 17,04,324 equity shares with both NSE and BSE.
The allotment of equity shares for the remaining USD 14.99 million (₹1,424.345 million equivalent) remitted by the Promoter Company shall be done subject to currency conversion from USD to INR.