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Outcome of board meeting of Everonn Education

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Capital Market
Last Updated : Mar 29 2014 | 12:02 AM IST

Held on 27 March 2014

Everonn Education has announced that the Board of Directors of the Company at its meeting held on 27 March 2014, inter alia, has approved the following:

Preferential Allotment of 10,91,303 equity shares to The Concorde Residential Schools (Kerala), forming part of the Promoter Group upon conversion of loan amount Rs 4.33 crore.

Preferential allotment of 1 Optionally Convertible Debenture of Value Rs 4.33 crore to The Concorde Residential Schools (Kerala), forming part of the Promoter Group upon conversion of loan amount Rs 4.33 crore.

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First Published: Mar 28 2014 | 9:26 AM IST

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