Allotment of 68,62,500 (Sixty-Eight Lakhs Sixty-Two Thousands Five Hundred Only) warrants convertible into equivalent equity shares of the Company, in one or more tranches, having face value of 10/- each, ranking pari-passu with the existing equity shares of the Company, at a price of Rs. 405/- (including premium of Rs. 395/- per share) aggregating to Rs. 2,77,93,12,500/- (Rupees Two Hundred Seventy-Seven Crores Ninety-Three Lakhs Twelve Thousands and Five Hundred Only) in respect of which 25% of the total consideration payable against each warrant(s) amounting to Rs. 69,48,28,125/- (Rupees Sixty Eight Crores Forty Eight Lakhs Twenty Eight Thousand One Hundred & Twenty-Five Only) has been received from the respective allottees