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Indian Hotels Company Ltd Allots Shares On Conversion Of Warrants To Tata Sons Ltd


Friday, 22 Jun 2012 05:51am EDT 

Indian Hotels Company Ltd announced that on June 22, 2012 approved the allotment of 48,000,000 Ordinary Equity Shares of INR1 each to Tata Sons Ltd at a premium of INR102.64 per share aggregating to INR497.47 crores (49.7347 billion) (of which 25% amounting to INR124.37 crores (1.2437 billion) had been received on allotment of Warrants), in accordance with the provisions of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009. 

Company Quote

50.2
1.85 +3.83%
6:13am EDT