IL&FS Engineering Services Limited has allotted 21,274,442 preferential equity shares of Rs 10 each at a premium to some of the group entities.
The Hyderabad-based infrastructure company, in a regulatory filing, has informed that it has allotted Infrastructure Leasing and Financial Services Limited 48,51,745 equity shares, IL&FS Financial Services Limited 49,44,101 equity shares and SBG Projects Investments Limited 1,14,78,596 equity shares.
The equity shares of Rs 10 each have been allotted on a preferential basis at Rs 60.50 on Friday (March 13).
The equity shares allotted including their pre-allotment holdings shall be subject to lock-in requirement as per SEBI, Issue of Capital and Disclosure Requirements, Regulations, 2009.
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