Godawari Power allots 3225807 equity shares through QIP Issue

Godawari Power & Ispat Ltd has announced that pursuant to the approval of the shareholders in the extraordinary general meeting held on December 15, 2007 for issue of equity shares under Qualified Institutional Placement to QIBs and as per the Preliminary Placement Document dated December 17, 2007 filed with the Stock Exchanges, the Committee of the Board of Directors in its meeting held on January 12, 2008 allotted 3225807 equity shares of Rs 10 each fully paid at a premium of Rs 300 per share to the QIP Investors.

The investors include Lehman Brothers Asia Ltd Sub A/c Name: GRA Finance Corporation Ltd : 413,832 No of Shares, Global Asia Fund Ltd (Mauritius) Sub A/c Name: Global Proprietary Fund : 132,426 No of Shares, Oman National Investment Corporation Holding SAOG : 67,537 No of Shares, Punjab National Bank : 105,100 No of Shares, DSP Merrill Lynch Trustee Co. Pvt Ltd Sub A/C. Name: DSP Merrill Lynch Tax Saver Fund : 31,530 No of Shares, Deutsche Securities Mauritius Ltd: 423,764 No of Shares, Allahabad Bank : 213,590 No of Shares, Premier Investment Fund Ltd : 225,125 No of Shares, Japan Trustee Services Bank, Ltd Sub A/C. Name: STB Lloyd George-India Equity Mother Fund : 161,373 No of Shares, BNP Paribas Arbitrage : 316,200 No of Shares, APS Far East Growth Fund : 12,600 No of Shares, APS Small Cap Alpha Fund : 97,495 No of Shares, The GMO Emerging Illiquid (Mauritius) Fund : 408,000 No of Shares, UBAM Equity Bric : 94,036 No of Shares, ABN Amro Mutual Fund A/C ABN Amro Equity Fund : 102,000 No of Shares, ABN Amro Mutual Fund A/C ABN Amro Tax Advantage Plan : 102,000 No of Shares, ABN Amro Mutual Fund A/C ABN Amro Opportunities Plan : 242,250 No of Shares, ABN Amro Mutual Fund A/C ABN Amro Future Leaders Plan : 76,949 No of Shares.

Source : Equity Bulls

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