IT firm Spanco has has issued and allotted 74,15,000 equity shares of the face of value of Rs 10 each to its promoters and foreign venture capital investor (FVCI) and foreign institutional investors (FIIs) at a cash premium of Rs 30 per share on a preferential basis.
In the promoters group, Kapil Puri and Kavita Puri have been allotted 31,40,000 and 3,70,000 equity shares, respectively, Monet, the FVCI has been allotted 11,05,000 shares and in FII category, Elara India Opportunities Fund and Ares Diversified have received 14,00,000 equity shares each.