Board of V2 Retail approves allotment of 30 lakh equity shares

Capital Market 

At meeting held on 16 October 2017

The Board of V2 Retail has approved the allotment of 20 lakh equity to India 2020 Fund II (FPI), Non Promoter at a price of Rs 380 each including premium of Rs 370 each.

The Board also approved allotment of 10 lakh equity to Ricon Commodities, Promoter / Promoter Group pursuant to exercise of option against 10 lakh convertible warrants at a price of Rs 75 each including premium of Rs 65 per share.

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First Published: Mon, October 16 2017. 19:37 IST