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Outcome of board meeting of Golden Goenka Fincorp

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Capital Market
Last Updated : May 15 2014 | 11:57 PM IST

Held on 14 May 2014

Golden Goenka Fincorp announced that the Board of Directors of the Company at its meeting held on 14 May 2014, inter alia, has approved, subject to approval of debenture holders, to redeem 5,00,000 12.75 % Rated, Secured, Taxable, Redeemable, Non-Convertible Debenture(s) (NCDs) of Rs 1000 each aggregating to Rs 50 crore before the scheduled redemption date i.e. 06 March 2017 on such terms and conditions as may be approved by debenture holders and acceptable to the Company.

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First Published: May 15 2014 | 10:25 AM IST

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