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Outcome of board meeting of Industrial Investment Trust

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Capital Market
Last Updated : Apr 04 2014 | 12:04 AM IST

Held on 03 April 2014

The Board of Directors of Industrial Investment Trust at its meeting held on 03 April 2014 have accorded their approval for issue and allotment of 7,20,000 equity shares upon conversion of 7,20,000, 10% Compulsorily Convertible Preference Shares to the Promoters, N N Financial Services and Nimbus (India) issued on preferential basis being the third and the last tranche of allotment.

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First Published: Apr 03 2014 | 5:44 PM IST

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