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Pratibha Industries to consider allotment of shares under SDR

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Capital Market
Last Updated : Dec 29 2016 | 12:03 AM IST

On 04 January 2017

Pratibha Industries announced that a Meeting of the Board of Directors of the Company shall be held on 04 January 2017, inter-alia, to consider and approve, the issue and allotment of shares on preferential basis to the Lenders of the Company under Strategic Debt Restructuring (SDR) scheme for which approval of the members of the Company have already been taken vide Special Resolution passed through postal ballot concluded on 05 November 2016.

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First Published: Dec 28 2016 | 6:38 PM IST

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