Allsec Tech allots 3.02 mn shares to Mauritius firm

New Delhi, Aug 24: Allsec Technologies Ltd today said it has alloted 3.02 million shares to Mauritius-based First Carlyle Ventures at Rs 250 per share.

The Board of Directors of the company, at its meeting held today, alloted 30,21,685 equity shares of Rs 10 each at a premium of Rs 250 per share.

In addition, 1,60,728 warrants, each warrant convertible into one equity share of the company at a conversion / exercise price of Rs 260 per resultant equity share have also been alloted to First Carlyle Ventures, the company said.

The above allotment was made pursuant to the Subscription and Shareholders Agreement dated August 23, 2006, executed between First Carlyle Ventures Mauritius and the company.

UNI