Infotech Enterprises to issue shares, CCPS

Infotech Enterprises Ltd has announced that subsequent to the consent of the shareholders on June 23, 2007 for issue of following Equity Shares and Compulsorily Convertible Preference, the Company has allotted on July 06, 2007 as detailed below:

1. Name of the Allottee - GA Global Investment Ltd
No of Equity shares of Rs 5/- each - 44,17,277
No of Compulsorily Convertible Preference Shares of Rs 360/- each - 27,24,000

2. Name of the Allottee - Carrier International Mauritius Ltd
No of Equity shares of Rs 5/- each - 11,66,420
No of Compulsorily Convertible Preference Shares of Rs 360/- each - Nil.

Source : Equity Bulls

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