Arvind SmartSpaces Ltd allots 15 lakh shares

Arvind SmartSpaces Limited has announced that the said Kausalya Realserve LLP have exercised their right of conversion in respect of 15,00,000 (Fifteen Lakhs) warrants, each carrying a right to subscribe to one Equity Share per Warrant, by paying 75% of the consideration payable thereon.

Consequently, upon receipt of the consideration, the Management Committee of Board of Directors of the Company at its meeting held on 11th September, 2022 has allotted to Kausalya Realserve LLP, 15,00,000 (Fifteen Lakhs) Equity Shares of Rs. 10.00 (Rupees Ten Only) each at a premium of Rs. 92.00 (Rupees Ninety Two Only) per Equity Share.

Post allotment of above Equity Shares, the paid up Equity Share Capital of the Company is increased to Rs. 43,96,19,790/- (Rupees Forty Three Crores Ninety Six Lakhs Nineteen Thousand Seven Hundred Ninety Only) comprising of 4,39,61,979 Equity Share of Rs. 10.00 (Rupees Ten Only) each.

Source : Equity Bulls

Keywords

ArvindSmartSpaces Allotment KausalyaRealserveLLP