ICSA India Ltd has announced that the Board of Directors of the Company at its meeting held on October 08, 2008, has allotted 26,50,000 Equity shares of Rs 2/- each, on exercise of conversion option by the Warrant Holders as below:
Mr. G Bala Reddy - Individual Promoter - 9,00,000 No. of Equity Shares
Goldman Sachs Asia Finance - FII - 17,50,000 No. of Equity Shares.