Allotment of 12,300 equity shares to employees of the company pursuant to ESOP scheme, 2015.
Sub-Division of equity shares of FV of Rs. 2/- each into FV of Re. 1/- each, which results in change of total equity shares of the Company from 7,94,69,000 equity shares of FV Rs. 2/- each to 15,89,38,000 equity shares of FV of Re. 1/- each.
38,85,420 Warrants were convertible into equity shares by M/s WestBridge Crossover Fund LLC.
20,00,000 equity shares were issued on preferential basis to M/s WestBridge CrossOver Fund, LLC.
38,85,420 Convertible Warrants Issued to M/s West bridge Cross over fund LLC.
4,25,000 No. of equity shares allotted to IFCI in terms of exercise of conversion option under loan agreement.
The company proposed to issue 2,00,000 - 14% Non-Convertible debentures of Rs. 100 each at par to financial institutions/Mutual funds on private placement basis.
12,47,696 shares allotted (prem. of Rs. 7 per share; prop. 1 deb: 3.53 shares) in conversion of deb. (Part 'B').
During August/September, the company offered 3,22,000-14% secured fully convertible debentures of Rs. 100 each for cash at par. Out of these 3,06,670 debentures of Rs. 100 each were offered on Rights basis to the existing shareholders in the prop. 5 debentures: 100 Equity shares (all were taken up). Simultaneously, 15,330 debentures of Rs. 100 each were offered to the employees and Indian working directors of the Company on an equitable basis (only 785 debentures were taken up).
700 shares subscribed for by the signatories to Memorandum of Association. 53,32,700 shares then issued at par of which the following were reserved for allotment:
Out of the remaining 22,00,000 shares, the following were reserved for preferential allotment:
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