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IVRCL allots equity shares to CDR lenders

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Capital Market
Last Updated : Dec 05 2014 | 12:47 PM IST

Towards 1st Tranche of conversion of FITL into equity

IVRCL announced that the Company has made an allotment of 8,79,80,636 equity shares of Rs. 2/- each on 04 December 2014 to the CDR Lenders who have signed the Master Restructuring Agreement. This allotment is towards 1st Tranche of conversion of FITL into equity for the period from 01 December 2013 to 30 September 2014.

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First Published: Dec 05 2014 | 12:13 PM IST

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