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Board Meeting : Indian-commodity.com

Monday, November 12, 2007

Sanra Software - Outcome Of Board Meeting

Sanra Software Ltd has informed that the Board of Directors of the Company at its meeting held on November 09, 2007, has approved the allotment of 5,30,000 equity shares of Rs 10/- each on preferential basis at the price of Rs 55/- per equity shares (including premium of Rs 45/- per share) aggregating to Rs 2,91,50,000/- and allotment of 16,70,000 fully convertible warrants on preferential basis to the following person(s) / Corporate Bodies and in respect of which the Company has received intent letter front the respective person(s)/Corporate Bodies::

1. Taraka Rama Raju Alluri

No of Shares: 50000

No of Warrants: Nil

2. G Bala Reddy

No of Shares: 30000

No of Warrants: 20000

3. Regal Corporate Advisors Pvt Ltd

No of Shares: 200000

No of Warrants: 200000

4. Advent Advisory Services Pvt Ltd

No of Shares: 220000

No of Warrants: 500000

5. G Swaminathan

No of Shares: Nil

No of Warrants: 30000

6. Knack Corporate Services Pvt Ltd

No of Shares: Nil

No of Warrants: 200000

7. Honey Bee Securities Ltd

No of Shares: Nil

No of Warrants: 200000

8. AARRKAYS Energy Systems Pvt Ltd

No of Shares: Nil

No of Warrants: 100000

9. Uma Kartikeyan

No of Shares: 15000

No of Warrants: 85000

10. Sukumar Subramanian

No of Shares: 15000

No of Warrants: 85000

11. Raghu Tandra

No of Shares: NilNo of Warrants: 100000
Posted by Indian-commodity at 11:30 AM

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