Business Standard

Shree Rama Newsprint allots equity shares

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Capital Market

On conversion of optionally convertible debentures

Shree Rama Newsprint announced that Securities Allotment Committee of the Board of Directors of the Company in its meeting held on 09 January 2017, has allotted 2,91,72,900 equity shares of Rs. 10/- each to ICICI Bank subject to locking for a period of one year from trading approval on conversion of 2,91,72,900 optionally convertible debentures (OCD) of Rs. 10/- each to ICICI Bank.

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First Published: Jan 10 2017 | 9:59 AM IST

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