HCL Infosystems allots 10.61 crore equity shares

Capital Market 

Under Rights issue

announced that the Rights Issue Committee of the Company in its meeting held on 08 December 2017, has approved the allotment of 10,61,90,299 Equity of face value Rs. 2 each at a price of Rs. 47 per Equity Share (including a premium of Rs. 45 per Equity Share) issued on a rights basis, to all eligible applicants, who have subscribed to the said issue and whose applications were valid.

Pursuant to the above, the paid-up share capital of the Company stands increased to Rs. 65.84 crore divided into 32,91,89,928 Equity of Rs. 2 each.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, December 12 2017. 10:49 IST