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Board of Lanco Infratech approves preferential issue of CCDs to IDBI Bank

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Capital Market

At meeting held on 30 December 2015

Lanco Infratech announced that the Board of Directors of the Company at its meeting held on 30 December 2015 has approved the issuance of Compulsorily Convertible Debentures (CCDs) of face value of Rs 10 each at par not exceeding Rs 350 crore on preferential basis to IDBI Bank.

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First Published: Dec 30 2015 | 6:08 PM IST

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