Apollo Hospitals to allot shares, warrants
Apollo Hospitals to allot shares, warrants >An extra-ordinary general meeting (EGM) of the members of Apollo Hospitals (Q, N,C,F)* Enterprise will be held on Oct. 6, 2007 to issue and allot up to 1,549,157 warrants on a preferential basis to the promoters of the company. Each warrant is convertible into one equity share of the company of nominal value of Rs 10 each at a price of Rs 497.69 which includes a premium of Rs 487.69 a share. Further the member will also consider to issu e and allot up to 7,047,119 equity shares of the company to Apax Mauritius (FVCI) and Apax Mauritius FDI One at a price of Rs 605.07 a share which includes a premium of Rs 595.07 a share.
Shares of the company gained Rs 7.25, or 1.52%, to settle at Rs 483.3. The total volume of shares traded was 19,366 at the BSE. (Friday)
