HDIL - Updates
Housing Development & Infrastructure Ltd (HDIL) has informed BSE that pursuant to the approval of Shareholders at the Extra Ordinary General Meeting of the Company held on June 17, 2009, has completed the followings:
1. Issue of 7,03,50,000 Equity Shares at a price of Rs 240/- per share - including premium of Rs 230 per Share under QIP Issue.
2. Issue of 26,000,000 Equity Warrants on preferential basis convertible in to Equity Shares each at a price of Rs 240/- per share - including premium of Rs 230 per Share to the promoter of the Company.
In this regard, the Company has submitted a copy of the resolution passed at QIP Committee of the Board of Directors of the Company held on July 02, 2009.
1. Issue of 7,03,50,000 Equity Shares at a price of Rs 240/- per share - including premium of Rs 230 per Share under QIP Issue.
2. Issue of 26,000,000 Equity Warrants on preferential basis convertible in to Equity Shares each at a price of Rs 240/- per share - including premium of Rs 230 per Share to the promoter of the Company.
In this regard, the Company has submitted a copy of the resolution passed at QIP Committee of the Board of Directors of the Company held on July 02, 2009.
posted by Admin at
Thursday, July 02, 2009
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