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Exchange Disseminated Time | GTL Ltd has informed BSE that :
"As informed by one of the Promoters of the Company, viz. Global Holding Corporation Private Limited (GHC), ICICI Bank has returned 2,85,00,000 equity shares of the Company (29.30% of the paid-up share capital) held by GHC which were earlier appropriated by ICICI as a result of the Invocation of the NDU / Pledge.
Resultantly, the Promoter shareholding in the Company has been restored back to 52.66 % of its paid-up capital. Further, both ICICI and the Promoters have agreed to withdraw all claims and litigation against each other." |
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