KEC Infrastructures - Outcome Of CoD Meeting

KEC Infrastructures Ltd has informed that the Committee of Directors (CoD) of the Company at its meeting held on March 30, 2007, has allotted 43,00,000 Equity Shares at a price of Rs 26.43/- per share including premium of Rs 16.43 per share and 65,72,000 Warrants with an option to the warrant holder(s) to apply / subscribe for one equity share of the face value of the Rs 10 each of the Company at a price of Rs 26.43/- per share, for every one warrant held by them, as detailed below:1. Name of Allottee: RPG Cellular Investments & Holdings Pvt Ltd (Promoter)No of Shares allotted: 35,68,000No of Warrants allotted: Nil2. Name of Allottee: Jubilee Investments & Industries Ltd (Promoter)No of Shares allotted: NilNo of Warrants allotted: 15,72,0003. Name of Allottee: Yield Investments Pvt Ltd (Promoter)No of Shares allotted: NilNo of Warrants allotted: 40,00,000