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| Exchange Disseminated Time 08/02/2017 18:57:22 | | GTL Infrastructure Ltd has informed BSE that the Board of Directors of the Company in its meeting held on February 08, 2017 has considered and approved convening of an Extra-Ordinary General Meeting of the shareholders of the Company on March 16, 2017 for obtaining their approval inter-alia for issuance of equity shares against conversion of part outstanding loan (including accrued interest thereon) under Strategic Debt Restructuring Scheme and for restructuring of Foreign Currency Convertible Bonds. The proposals, if approved by the shareholders / lenders, will result in reduction of considerable portion of Debt of the Company. |
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