Embassy Developments allots 4 cr equity shares on conversion of warrants

Embassy Developments has allotted 4,00,56,198 equity shares on conversion of warrants held by Bellanza Developers (promoter group company). Consequent to the allotment, the paid up equity share capital has increased to Rs 244,50,75,788/- divided into 122,25,37,894 equity shares of Rs 2 each.