ICSA India Ltd has informed that the Board of Directors of the Company at its meeting held on October 08, 2008, has allotted 26,50,000 Equity shares of Rs 2/each, on exercise of conversion option by the Warrant Holders as below:1. Mr. G Bala Reddy Individual Promoter 9,00,000 No. of Equity Shares2. Goldman Sachs Asia Finance FII 17,50,000 No. of Equity Shares.
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