Emerald Leisures Limited has informed BSE that the IPO Committee of the Company at their meeting held on Tuesday, 31st October, 2017 at 5:00 P.M. has issued and allotted 1,75,000 Non-convertible, Non-cumulative, Redeemable Preference Shares of face value of Rs. 100/- each on private placement basis to the promoter/ promoter group, M/s. Juhu Resorts and Development Private Limited.
The said Preference Shares are not proposed to be listed on any Stock Exchange.
In view of the above the issue and allotment, the issued, subscribed and paid-up share capital of the Company has increased from Rs. 19,20,31,000/- comprising of 19,53,100 Equity Shares of face value of Rs. 10/- each and 17,25,000 Non-convertible, Non-cumulative, Redeemable Preference Shares of face value of Rs. 100/- each to Rs. 20,95,31,000/- comprising of 19,53,100 Equity Shares of face value of Rs. 10/- each and 19,00,000 Non-convertible, Non-cumulative, Redeemable Preference Shares of face value of Rs. 100/- each.
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