HealthCare Global Enterprises Ltd allots 7,10,526 shares

The Board of Directors of HealthCare Global Enterprises Limited ("Board") has approved the allotment of 7,10,526 (Seven Lakh Ten Thousand Five Hundred Twenty Six) equity shares of INR 10 each of the Company, at a price per share of INR 285 (including share premium of INR 275 per share), on Preferential basis, to Dr. Kunnathu Philipose Geevarghese, resident of 3113, Arden Road, Louisville, KY 40222-5969, USA, vide resolution passed by the Board, by way of circulation on 25th day of June 2019.

The said equity shares shall be listed on the National Stock Exchange of India Limited and BSE Limited.

The shares allotted to Dr. Kunnathu Philipose Geevarghese shall be locked in as specified under SEBI (ICDR) Regulations, 2018.

Source : Equity Bulls

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