Saturday, January 12, 2008

Quintegra Solutions - Outcome Of EGM

Quintegra Solutions Ltd has informed that the members at the Extra Ordinary General Meeting (EGM) of the Company held on January 10, 2008, inter alia, have accorded Board to create, offer, issue and allot in one or more tranch(es) 27,00,000 (Twenty seven lacs only) Equity Warrants (Warrants) convertible into 27,00,000 (Twenty seven lacs only) fully paid-up Equity shares of Rs 10/- each (Rupees ten only) at a price of Rs 135/- (Rupees one hundred and thirty five only) which includes a premium of Rs 125/- (Rupees One hundred and twenty five only) as determined in accordance with SEBl DIP Guidelines to the following persons on preferential basis:

a. Mr. V Shankarraman (Promoter): 8,00,001 warrants offered

b. Mr. Murali Subrahmanyam (Others): 8,43,599 warrants offered

c. Mr. K Srinivasan (Others): 1,95,600 warrants offered

d. Mr. Diptaneal Roy (Others): 65,200 warrants offered

e. Mr. Chandrakanth (Others): 1,95,600 warrants offered

f. MAPE Advisory Group Pvt Ltd (Others): 3,00,000 warrants offered

g. Radar Estates Pvt Ltd (Others): 3,00,000 warrants offered.

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