Brightcom Group raises funds by way of allotment of convertible warrants and shares

26 Jan 2022 , 01:31 AM

Brightcom Group has allotted 15000000 Warrants convertible into Equity Shares to Shankar Sharma and 8050000 Equity Shares to the 21 proposed allottees on 23 January 2022 at an issue price of Rs3777 per warrantshare including a premium of Rs3577 per warrantshare on preferential basis The company has received from Shankar Sharma25Percentage of the consideration amount against the said warrants and 100Percentage of the consideration amount from 21 proposed allottees against the equity shares With this allotment the expanded share capital of the Company will be at Rs 2099366248 divided into 1049683124 equity shares of Rs2 each fully paid-up