Cerebra Integrated Technologies Ltd has informed that the Board of Directors of the Company at its meeting held on February 07, 2008, based the Permission from BIFR regarding the Preferential allotment of Shares and Warrants to Promoters, Strategic Investors and Un Secured Creditors vide BIFR order dated January 18, 2008, has proceeded to allot the following securities:
a. Issue of 58,12,392 Equity Shares of Rs 10/- each for cash at a Premium of Rs 11/-.
b. 25,25,000 Warrants convertible in to Equity Shares of Rs 10/- at a premium of Rs 11/- each for cash payable Rs 2.10 on application and allotment.
a. Issue of 58,12,392 Equity Shares of Rs 10/- each for cash at a Premium of Rs 11/-.
b. 25,25,000 Warrants convertible in to Equity Shares of Rs 10/- at a premium of Rs 11/- each for cash payable Rs 2.10 on application and allotment.
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