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Shriram EPC
BSE: 532945NSE: SHRIRAMEPCISIN: INE964H01014

26th-Aug-2015 21:04Source: BSE

Shriram EPC - Outcome of Board Meeting

Shriram EPC Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 26, 2015, has discussed and approved the following :

1. Allotment of 78,19,891 equity shares of face value of Rs. 10 each (with a premium of Rs. 22.98 each) of the Company to CDR Lenders ON CONVERSION OF FUNDED INTEREST TERM LOAN (FITL), on preferential basis pursuant to corporate debt restructuring scheme.

2. Allotment of 58,55,181 equity shares of face value of Rs. 10 each (with a premium of Rs. 30.05 each) of the Company to CDR Lenders on conversion of Sacrifice Amount, on preferential basis pursuant to corporate debt restructuring scheme.

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