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BRIEF-Capitaland Limited says unit increases issued and paid-up share capital to INR 558.7 mln
May 8, 2017 / 10:12 AM / in 3 months

BRIEF-Capitaland Limited says unit increases issued and paid-up share capital to INR 558.7 mln

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May 8 (Reuters) - Capitaland Limited

* Increase in issued and paid-up share capital of Citadines Omr Aparthotel Private Limited

* Share increase is not expected to have any material impact on earnings per share of capitaland group for fy ending 31 december 2017

* Citadines OMR Aparthotel has increased its issued and paid-up share capital to INR558.7 million from INR 552.5 million

* Proceeds of equity injection will be used to fund general capital requirements for development of comrpl's property in chennai, india

* Share increase is by way of allotment of additional 625,000 new equity shares of par value INR10 per share for a total cash consideration of INR200 million Source text for Eikon: Further company coverage:

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