Stake Sale

ICSA India allots 2650000 shares



Posted On : 2008-10-08 00:53:57( TIMEZONE : IST )

ICSA India allots 2650000 shares

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.

Source : Equity Bulls

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