Marg Constructions Ltd has informed that the Committee of Directors (CoD) of the Company at its meeting held on October 12, 2007, has:
1. Allotted 2,00,000 equity shares on Preferential basis to Bennett, Coleman & Co. Ltd.
2. Allotted 2,61,390 equity shares upon conversion of 148 Foreign Currency Convertible Bonds (FCCBs).
3. Allotted 14,70,000 equity shares upon conversion of warrants. Out of this 12,20,000 shares were allotted to promoters and 2,50,000 shares were allotted to non promoters.
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