Business Standard

Board of Capital Trust decide to issue convertible warrants

Image

Capital Market

At meeting held on 27 January 2015

Capital Trust announced that in accordance with the request received from Yogen Khosla, promoter of the Company, the Board of Directors of the Company at its meeting held on 27 January 2015, decided to issue 75,00,000 convertible warrants into equity shares of face value of Rs. 10 each on preferential basis at the rate decided as per Regulation 76(1) of SEBI (Issue of Capital and Disclosure Requirements) Regulations 2009 subject to approval of shareholders by way of Special resolution in the Extra Ordinary General Meeting to be held on 24 February 2015 on such terms and conditions as mentioned in the Explanatory Statement to the Notice conveying Extra Ordinary General Meeting.

Powered by Capital Market - Live News

 

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jan 27 2015 | 7:21 PM IST

Explore News