Surana Ventures Allots Equity Shares (22-Aug-2010)
The board of Surana Ventures (SVL) on 21 August 2010 has allotted 1,56,03,300 equity shares of Rs. 10 each of SVL to the members of Surana Telecom And Power (STPL) in the ratio of 3 equity shares in SVL of face value of Rs. 10 each credited as fully paid-up for every of 4 equity shares of Rs. 5 each fully paid-up held by such member in STPL, pursuant to scheme of arrangement between Surana Telecom And Power, Surana Ventures and their respective shareholders and creditors.
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