Board of Directors
Since its inception, Allsec has believed in creating an active and participatory Board of Directors, consistently maintaining high standards of corporate governance and transparency in the process. The Board is a representative group of eminent professionals who contribute extensive and relevant skills from their varied backgrounds.
Reports, Announcements & Policies
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Details Of IPO
Allsec has made an Initial Public offer of 3,141,200 Equity Shares of Rs. 10/- each at a price of Rs.135/- per share for cash aggregating Rs. 424.062 millions comprising 149,600 Equity Shares of Rs. 10/- each reserved for the employees of the Company and a Net Offer to the Public of 2,991,600 Equity Shares of Rs. 10/- each. The Issue would constitute 26.25% of the fully diluted post Issue paid-up capital of the Company. The Issue was made through the 100% book building process.
The public issue, which opened for subscription on April 13, 2005 was oversubscribed by 4.15 times.
The shares of the Company are listed on the National Stock Exchange (NSE) and the Stock Exchange, Mumbai (BSE) beginning May 9th, 2005.
Mr. Gagan Preet Singh
DGM Legal & Company Secretary
Allsec Technologies Limited
46B Velachery Main Road
Chennai 600 042, India
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