On 28 March 2014
Udaipur Cement Works will hold a meeting of the Board of Directors of the Company on 28 March 2014, inter alia, to consider and approve further issue and allotment of following securities on preferential basis to JK Lakshmi Cement, a promoter Company, in terms of the BIFR sanctioned rehabilitation scheme of the Company:(a) 8,25,00,000 equity shares of Rs 4 each aggregating Rs 33 crores; and
(b) 4,50,00,000, 5% optionally convertible cumulative redeemable preference shares of Rs 10 each, aggregating Rs 45 crores.
Powered by Capital Market - Live News
