Arvind SmartSpaces allots 31.75 lakh equity shares

Capital Market 

On conversion of warrants

SmartSpaces has allotted 31,75,000 equity of Rs 10 each on conversion of warrants in Tranche II. With this allotment, the paid up share capital has increased to Rs 31.58 crore comprising of 3,15,84,307 equity of Rs 10 each. The Shareholding of Promoter and Promoter Group has increased to 56.94% of the expanded capital of the company and the Company has become the subsidiary of Aura Securities, one of the Company's Promoters.

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First Published: Fri, September 22 2017. 18:59 IST