Held on 27 March 2018
The Board of Directors of Fortune Financial Services (India) in their meeting held on 27 March, 2018, have transacted the following business.
1. Issue and allotment of 30,000 Optionally Convertible Debentures of Rs. 1,00,000 each fully paid aggregating to Rs. 300 crore
2. Disinvestment in ITI Reinsurance
3. Issue of corporate guarantee to Yes Bank for Rs. 300 crores against credit facilities to be availed by Fortune Credit Capital (a wholly Owned Subsidiary)
4. Other business as per agenda of the meeting.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
