Business Standard

Patel Engineering allots 68,85,409 OCDs to lenders

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Capital Market

Under S4A scheme

Patel Engineering announced that the Allotment Committee of Board the Directors at its meeting on 24 November 2017 have allotted 68,85,409 Optionally Convertible Debentures of Rs 1000 each to the lenders for conversion of their Debt in accordance with S4A scheme and SEBI (ICDR) Regulations, 2009.

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First Published: Dec 01 2017 | 10:32 AM IST

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