On Conversion of preference share
Tube Investments of India announced that in terms and allotment of the CCPS, the CCPS were to be converted into 1,22,85,012 equity shares of Rs.10/- each at a conversion price of Rs.407/- (including a premium of Rs.397/-) per equity share at the end of 12 months from the date of allotment or earlier at the discretion of the Board of Directors of CIFCL.Powered by Capital Market - Live News