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| Exchange Disseminated Time | GTL Ltd has informed BSE that the Committee of Board in its meeting held on April 28, 2012, has considered and allotted One Percent Coupon 18,784,046 CCDs of face value of Rs. 100/ each to CDR Lenders and Zero Percent Coupon 4,515,000 CCDs of face value of Rs. 100/- each to the Promoter.
The said allotment of CCDs is in terms of the Letter of Approval dated December 23, 2011 issued by the CDR Empowered Group (EG) approving the debt restructuring proposal of the Company under the CDR system. |
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