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IVRCL allots equity shares

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Capital Market

On conversion of loan

IVRCL has made an allotment of 1,94,375 equity shares of Rs.2/- each, at issue price of Rs. 24.39/- per share, on January 12, 2016 to SREI Equipment Finance (CDR Lender) who have signed the Master Restructuring Agreement. This allotment is towards conversion of FITL into equity.

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First Published: Jan 12 2016 | 6:54 PM IST

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