Rohit Ferro - Issue & allotment of warrants
To issue, offer and allot upto 80,00,000 Convertible Warrants (Warrants), to be convertible at the option of Warrant holder in one or more trenches, within 18 months from its allotment date into 1 fully paid up Equity Share of the Company of face value of Rs 10/- each for cash at an exercise price of Rs 43/- (including premium of Rs 33/-) and to issue fresh Equity Shares on the conversion of the warrants, on such further terms and conditions as may be finalised by the Board of Directors to persons belonging to Promoter Group and Strategic investors belonging to Non Promoter group.
