The meeting of Committee of Directors of Galaxy Entertainment Corporation Ltd was held on today i.e. April 3, 2018 and has allotted 21,53,233 Equity shares of Rs. 10/- per share fully paid-up to Central Departmental Stores Private Limited-promoter group, consequent to conversion of 4,52,179 CCDs out of 9,88,744 CCDs, issued pursuant to the approval granted by the shareholders of the Company at an Extra Ordinary General Meeting held on 8th December, 2017 and Inprinciple approval granted by BSE Ltd on 1st January, 2018.
In terms of the aforesaid allotment of Equity shares, the paid-up share capital of the Company stands increased to Rs. 27,38,26,030/- comprising of 2,73,82,603 Equity shares of Rs. 10/- each.