On 2 November 2015
Monnet Ispat & Energy will hold a meeting of the Board of Directors of the Company on 2 November 2015, to consider the matter of raising equity through conversion of loan into equity shares to lenders under Strategic Debt Restructuring (SDR) circular of RBI and to convert the unsecured loan brought in by promoters / non-promoters as per the decision of Joint Lenders Forum (JLF) of the Company through preferential route in terms of SEBI Guidelines and if approved, tPowered by Capital Market - Live News