Don’t miss the latest developments in business and finance.

Atlant to redeem 25 lakh 25% Non-Cumulative Redeemable Preference Shares

Image
Capital Market
Last Updated : Jul 13 2016 | 7:28 PM IST

For Rs 50 per share (including premium of Rs 40)

Atlanta announced that pursuant to provisions of Section 55 of Companies Act, 2013 read with the Companies (Share Capital and Debentures) Rules, 2014 including statutory modifications or re-enactment thereof for the time being in force, the Management Committee has at its meeting held on 13 July 2016 approved the Redemption of 25,00,000 (Twenty Five Lakhs) 25% Non-Cumulative Redeemable Preference Shares of Rs. 10/- (Rupees Ten only) at a Premium of Rs. 40/- (Rupees Forty) per share in four equal installment of 6,25,000 shares each.

Powered by Capital Market - Live News

More From This Section

First Published: Jul 13 2016 | 7:07 PM IST

Next Story