Encompass Design India Allots 7.6 Lakh Shares Worth Rs 19 Crore

Allotted 7.6 lakh shares at Rs250 for Rs19 crore as first tranche of 38.1 lakh-share preferential issue to Saint Capital Fund and Zeal Global Opportunities Fund, both non-promoters, raising paid-up capital to Rs14.94 crore. Context: starts cash conversion of pending placement.