PG ELECTROPLAST LTD. - 533581 - Announcement under Regulation 30 (LODR)-Conversion of Securities
In terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations, 2015'), we wish to inform your good office that the Corporate Committee of the Board of Directors of the Company at their meeting held today i.e., Saturday, December 31, 2022 at 12:00 PM has, inter alia, made allotment of 13,64,551 Equity Shares of face value of Rs. 10/- each pursuant to conversion of 10,76,904 17.96%Compulsorily Convertible Debentures ('CCDs') having face value of Rs. 337/- each allotted on preferential basis on July 01, 2021 and unpaid coupon amount accrued thereon, at the conversion price of Rs. 337/-, determined as per the SEBI ICDR Regulations. Consequent to the said allotment, the Paid-up Equity Share Capital of the Company stands increased to Rs. 22,74,26,170/- comprising of 2,27,42,617 Equity Shares of Rs. 10/- each.31-12-2022