GL Hotels allots warrants on preferential basis

GL Hotels Ltd has announced that the Board of Directors of the Company at its meeting held on June 21, 2007, has allotted 7,409,576 warrants to following Non-Promoter entities on a preferential basis:

Name of the Party
Series A:

1. Dunearn Investments Mauritius Pte Ltd
No of Warrants : 4,410,462

Series B:

2. Inshield Insurance Consultants Pvt Ltd
No of Warrants : 900,000

3. Conroe Finance Ltd
No of Warrants : 700,000

4. Willaston Finance Ltd
No of Warrants : 500,000

5. Anchor Ice & Plastics Pvt Ltd
No of Warrants : 899,114

Source : Equity Bulls

Keywords