Held on 06 July 2015
Unity Infraprojects announced that the Board of Directors of the Company at its meeting held on 06 July 2015, inter alia, has considered and approved the followings:1. Considered, issue and allotted 36,08,738 Equity shares of Rs. 2/- each at a price of Rs. 27.52 per share to CDR Lenders pursuant to CDR Scheme.
2. Considered, issue and allotted 2,64,20,784 Equity shares of Rs. 2/- each at a price of Rs. 27.52 per share to Promoters/promoters group companies pursuant to CDR Scheme.
3. Considered conversion of interest on FITL into Equity for the period from 01 March 2015 to 31 March 2016.
4. Considered and approved to take Postal Ballot for obtaining Shareholders approval.
5. Recommended to the general body to approve, ratify and confirm the Corporate Debts Restructuring Scheme through Postal Ballot.
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