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Board of Bombay Rayon Fashions approves issue of shares on conversion of loan

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Capital Market
Last Updated : Mar 30 2016 | 3:01 PM IST

At meeting held on 30 March 2016

Bombay Rayon Fashions announced that the Board of Directors of the Company at its meeting held on 30 March 2016 approved the following -

Subject to approval of shareholders, issue of equity shares on preferential basis to CDR lenders on conversion of Working Capital Term Loan and Funded Interest Term Loan.

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First Published: Mar 30 2016 | 2:49 PM IST

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