Allotment of 2 00 000 Equity shares of Face value of Rs.10 each upon conversion/ exchange of/ for equal number of Warrants at a issue price of Rs. 19.75/- each upon receipt of balance amount at a rate of Rs.14.80/- per Warrant (being 75% of the issue price per warrant as "Warrants Exercise Price") aggregating to Rs.29 60 000/-