According to a report in www.indiainfoline.com, the board of Kamat Hotels (India) on yesterday has allotted 18,43,810 fully paid up equity shares of Rs 10 each to the bondholder upon conversion of part of FCCBs. The issued, subscribed and paid up capital of the company, after the allotment has increased from Rs 13.20 crore divided into 1,31,97,395 equity shares of Rs 10 each to Rs 15.04 crore divided into 1,50,41,205 equity shares of Rs 10 each.
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