Genus Power allots 3 Lakh shares

Genus Power Infrastructures Ltd has announced that the Board of Directors of the Company at its meeting held on November 16, 2007, has allotted 3,00,000 equity shares of Rs 10 each at a premium of Rs 189 per share i.e. conversion at the rate of Rs 199 per share, upon conversion of 3,00,000 convertible warrants to M/s. Vivekshil Dealers Pvt Ltd, out of the total issue of 10,00,000 convertible warrants.

Source : Equity Bulls

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