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Exchange Disseminated Time | Shriram EPC Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 09, 2015 has discussed and approved the following:-
1. Allotment of 8502122 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 1652934 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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