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Board of Bombay Rayon Fashions approves issue of shares on conversion of loan

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At meeting held on 30 March 2016

Bombay Rayon Fashions announced that the Board of Directors of the Company at its meeting held on 30 March 2016 approved the following -

Subject to approval of shareholders, issue of equity shares on preferential basis to CDR lenders on conversion of Working Capital Term Loan and Funded Interest Term Loan.

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First Published: Mar 30 2016 | 2:49 PM IST

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