The board of Karuturi Global in its meeting of 04 January 2010 has approved the allotment of 73,75,000 equity shares of Re 1 each to Deutsche Bank AG London, against the conversion of FCCB Bonds of USD 2,000,000.
The board has approved the allotment of 25,33,750 equity shares of Re 1 each to the employees of the company, who have exercised the employees stock options vested on them.
With the above two allotments, the paid up capital of the company has gone up to Rs 48,93,05,325 divided into 489305325 equity shares of Re 1 each from the existing capital of Rs 47,93,96,575.
Source :www.biginfotech.in
The board has approved the allotment of 25,33,750 equity shares of Re 1 each to the employees of the company, who have exercised the employees stock options vested on them.
With the above two allotments, the paid up capital of the company has gone up to Rs 48,93,05,325 divided into 489305325 equity shares of Re 1 each from the existing capital of Rs 47,93,96,575.
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