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Board of Shriram EPC approves allotment of shares under CDR scheme

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Capital Market
Last Updated : Jul 31 2015 | 8:13 PM IST

At meeting held on 31 July 2015

Shriram EPC announced that the Board of Directors of the Company at its meeting held on 31 July 2015, has discussed and approved the following items :

- Allotment of 1707095 equity shares of face value of Rs. 10 each (with a premium of Rs.22.98 each) of the company to CDR Lenders ON CONVERSION OF FUNDED INTEREST TERM LOAN (FITL), on preferential basis pursuant to corporate debt restructuring scheme.

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First Published: Jul 31 2015 | 7:28 PM IST

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