GTL Infrastructure allots 1700000 Equity Shares

GTL Infrastructure Ltd has announced that the Committee of the Board at its meeting held on March 31, 2008, has considered and approved allotment of 17,00,000 Equity Shares at a Conversion Price of Rs 40/- per share to Global Holding Corporation Pvt Ltd (formerly Global Assets Holding Corporation Pvt Ltd.), consequent to conversion of warrants issued on preferential basis.

Source : Equity Bulls

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