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Foods & Inns allots 38402 equity shares to Raymond Simkins

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Capital Market

On conversion of interest free unsecured loan

Foods & Inns announced that the Committee Meeting of the Board of Directors of the Company held on 24 March 2017 approved the allotment of 38402 equity shares to Raymond Simkins pursuant to conversion of interest free unsecured loan into equity shares at a price of Rs 870 per equity shares with a premium of Rs 860 per equity share.

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First Published: Mar 24 2017 | 9:57 AM IST

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