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Board of Indag Rubber approves investment of $1.8 million in SRL Holdings (Jersey)

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Capital Market
Last Updated : Jan 16 2017 | 12:02 AM IST

At meeting held on 12 January 2017

Indag Rubber announced that Board of Directors in their meeting held on 12 January 2017 has approved investment of $1.8 Million in Cumulative Compulsorily Convertible Preference Shares of SRL 142 Holdings (Jersey) bearing a 12% coupon and convertible into common equity of SRL 142 Holdings (Jersey).

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First Published: Jan 14 2017 | 2:54 PM IST

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