Stake Sale

RPG Cables allots 2058500 shares



Posted On : 2008-09-30 00:14:52( TIMEZONE : IST )

RPG Cables allots 2058500 shares

RPG Cables Ltd has announced that at the meeting of the shareholders / Investors' Grievance Committee of Directors held on September 29, 2008, 20,58,500 equity shares of Rs 10/- at each at a price of Rs 46.30 per share have been allotted to Promoter Group and 61,01,511 equity shares of Rs 10/ at each at a price of Rs 46.30 per share have been allotted to Deutsche Bank AG, Hong Kong Branch.

Name of the allottee : Deutsche Bank AG, Hong Kong
- No of Shares allotted : 61,01,511
- Remarks : Arising out of Convertible debentures issued on Preferential basis.

Name of the allottee : Yield Investments Pvt Ltd
- No of Shares allotted : 7,06,750
- Remarks : Arising out of Convertible warrants issued on Preferential basis.

Name of the allottee : Trade Apartments Ltd
- No of Shares allotted : 3,91,750
- Remarks : Arising out of Convertible warrants issued on Preferential basis.

Name of the allottee : KEC Holdings Ltd
- No of Shares allotted : 9,60,000
- Remarks : Arising out of Convertible warrants issued on Preferential basis.

Source : Equity Bulls

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