ALLSEC Technologies : Carlyle's value add

Allsec Technologies Limited has informed the Exchange that the Board of Directors in its made the following allotments of shares and warrants to the First Carlyle Ventures, Mauritius as per the details below :-

Name of the Allottee : First Carlyle Ventures Mauritius;
No. of Shares : 30,21,685 equity shares of Rs.10/- each at a premium of Rs.250/- per share; No. of Warrants : 1,60,728 warrants, each warrant convertible into one equity share of the Company at a conversion / exercise price of Rs.260/- per resultant equity share.
It is 20% full equity and 1% as warrants

Going ahead it seems Promoters would hold about 31%, and Probably Carlyle will end up holding 35 or 40%.
The promoters feel, " However Carlyle's fund has shown good incentives for us to run the company. For the next four years, we are pretty much on the win side for the company and we will be part of the management team running the company. "

It is confirmed that carlyle will take 30% of allsec and in the future it might outsource a portion of its work to allsec

Short to medium term( 3 months ) target 300+ .Have an eye on it.