Mascon Global allots equity shares

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Updated: 06/01/2009 | 12:00 AM IST

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Tuesday, January 06, 2009 (New Delhi)

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The committee of Mascon Global has allotted 29,82,456 equity shares constituting 0.81% of the existing capital of the company to K Chandra, executive chairman & CEO of the company on conversion of a portion of warrant allotted to him on a preferential basis during January 2008.

His total holding as on date is 22,152,049 equity shares constituting 5.99% of the total paid-up capital of the company.

These shares were allotted at the committee meeting held on 04 January 2009.