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Globus Spirits Ltd Announces Allotment Of Cumulative Compulsorily Convertible Preference Shares

Tuesday, 19 Mar 2013 08:39am EDT 

Globus Spirits Ltd announced that the Board of Directors of the Company at its meeting held on March 19, 2013, inter alia, have considered and approved the allotment of 5,038,168, 4.75% Cumulative Compulsorily Convertible Preference Shares (CCCPS) has been made at a par value of INR140 per CCCPS to M/s. Templeton Strategic Emerging Markets Fund IV, L.D.C., convertible into one equity share of the face value of INR10 each against each CCCPS within a period of 18 months from the date of allotment. 

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0.95 +1.40%
5:29am EST