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| Exchange Received Time 31/03/2017 16:36:29 Exchange Disseminated Time 31/03/2017 16:36:32 Time Taken 00:00:03 | | This is to inform you that pursuant to the terms of the Supplemental Master Restructuring Agreement dated June 29, 2016 ('Supplemental MRA') to the Master Restructuring Agreement dated March 30, 2012, the Company has allotted 2,79,15,282 (Two Crore Seventy Nine Lakh Fifteen Thousand Two Hundred Eighty Two) equity shares of `10/- each and 4,78,57,000 (Four Crore Seventy Eight Lakh Fifty Seven Thousand) 0.10% Cumulative Non-Convertible Redeemable Preference Shares of face value Rs. 5/- each at par ('Class B Preference Shares') on a preferential basis to The Jammu and Kashmir Bank Ltd, Bank of India and United Bank of India upon their accession to Supplemental MRA on March 24, 2017. Request you to note that this allotment is subject to the lock-in requirements as stated in the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 as amended from time to time with regard to Preferential Issue of equity shares. |
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