Jindal Drilling allots 12 Lakh equity shares on preferential basis

Jindal Drilling & Industries Ltd has announced that pursuant to the resolution passed by the shareholders of the Company at the Extra- ordinary General Meeting held on January 10, 2008, the Committee for Share Allotment (constituted by the Board), at its meeting held on January 25, 2008 has issued and allotted 12,00,000 equity shares on preferential basis to the following persons at a price of Rs 1,280/- (including premium of Rs 1,270/-) per equity share of Rs 10/- each aggregating to Rs 153.60 Crores.

(1) CVCIGP II Client Rosehill Ltd : 7,66,997 No of Shares
(2) CVCIGP II Employee Rosehill Ltd : 4,29,566 No of Shares
(3) Gautam Nayak and Keshav Bhujle in their capacity as Trustees of :

- CVCIGP II Ajay Relan Trust : 2,344 No of Shares
- CVCIGP II Jayanta Kumar Basu Trust : 156 No of Shares
- CVCIGP II Vivek Chhachhi Trust : 234 No of Shares
- CIVIGP II Vinayak Shenvi Trust : 156 No of Shares
- CVCIGP II PR Srinivasan Trust : 391 No of Shares
- CVCIGP II Ajay Tandon Trust : 156 No of Shares.

Source : Equity Bulls

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