Corporate Announcement
Security Code : 532974    Company : BIRLAMONEY    
 
Announcement Under Regulation 30 (LODR) - Updates (Variation Of Terms Of Preference Shares)Download PDF Download XBRL
  Exchange Received Time  16/11/2018 16:15:30         Exchange Disseminated Time   16/11/2018 16:15:37              Time Taken   00:00:07
Further to our communication dated October 17, 2018, we would like to inform you that Aditya Birla Capital Limited (ABCL), Preference Shareholder, has consented to the variation of terms of 9,00,000 8% Redeemable Non-Convertible Non-Cumulative Preference Shares of Rs.100/- each of the company pursuant to Section 48 of the Companies Act, 2013 in the following manner :

a) The period of redemption of the Preference Shares be extended by 42 months;
b) The redemption price of the Preference Shares be varied as below:

Date of Issue/ No of Pref Shrs Date of Redemption Redemption price
Allotment per share
Original Revised Original Revised
29th March 2014 100,000 28th Mar 2019 28th Sep 2022 725 941
31st March 2011 800,000 30th Jun 2019 30th Dec 2022 411 533.75

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