Board of Prabhat Telecoms (India) allots equity shares on conversion of loan

Capital Market 

At meeting held on 22 January 2018

Prabhat Telecoms (India) announced that the Board of Directors of the company at its meeting held on 22 January 2018 transacted the following -

Allotted 11,41,772 equity shares at an issue price of 150 per share on preferential basis on conversion of loan.

The paid up equity share capital, consequently, has increased to 9.45 crore comprising of 9456572 equity shares of 10 each.

Appointment of as the of the company with effect from 01 February 2018.

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: Mon, January 22 2018. 11:52 IST