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Outcome of board meeting of IL&FS Engineering and Construction Co

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Capital Market
Last Updated : Jun 01 2016 | 12:02 AM IST

Held on 30 May 2016

IL&FS Engineering and Construction Co announced that the Board of Directors of the Company at its meeting held on 30 May 2016 has resolved, subject to requisite approvals by members of the Company through postal ballot and other Statutory / Regulatory approvals, if required, to issue Preference Shares of Rs. 100 each on preferential basis for an amount up to Rs. 500 crore.

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First Published: May 31 2016 | 1:47 PM IST

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