At meeting held on 31 May 2014
Nath Pulp & Paper Mills announced that the Board of Directors of the Company at its meeting held on 31 May 2014, inter alia, have approved the allotment of 80,00,000 Equity Shares of Rs 10 each aggregating to Rs 8 crore to the promoters and Asset Reconstruction Company India (ARCIL), Mumbai in terms of the rehabilitation scheme sanctioned by Board for Industrial and Financial Reconstruction (BIFR), vide order dated 14 February 2012 and Amendment thereof.Powered by Capital Market - Live News