At meeting held on 03 August 2018
The Board of Maral Overseas has approved the extension of period of redemption of 12,00,000 3% Cumulative Redeemable Preference Shares(CRPS) of Rs. 100/- issued to the promoters which is due for redemption on 31 March, 2019 in two tranches to the respective shareholders as under:-(i)6,00,000 3% CRPS would be redeemed on due date as per the exiting terms i.e.31 March, 2019 (ii)6,00,000 3% CRPS be extended for one year and redeem on 31 March, 2020 and other terms of issue shall remain unchanged.Powered by Capital Market - Live News
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