Held on 26 March 2015
Advanta announced that the Board of Directors of the Company at its meeting held on 26 March 2015, have considered and approved the following:1. Conversion of 50 Foreign Currency Convertible Bonds (FCCBs) into Global Depository Receipts (GDRs).
2. Allotment of 79,44,140 equity shares of Rs. 2 each to JP Morgan Chase Bank, NA - Depository Bank, who shall issue appropriate GDRs.
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