Held on 11 August 2016
IL&FS Engineering & Construction Co announced that the Board of Directors of the Company at its meeting held on 11 August 2016 has resolved, subject to statutory and other approvals to issue preference shares on preferential basis and/or equity shares/ convertible securities through QIP/ Rights issue/ public issue or in any combination thereof aggregating for an amount upto Rs 500 crore. The Board also appointed Debabrata Sarkar as Non Executive Independent Director of the Company with effect from 11 August 2016.Powered by Capital Market - Live News
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