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GUJARAT NRE COKE LTD. - Outcome of Management Committee Meeting
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12 Sep 2014
Gujarat NRE Coke Ltd has informed BSE that the Management Committee of the Board of directors of the Company at its meeting held on September 12, 2014, inter alia, has considered, and approved the allotment of 29,43,686 equity shares of Rs. 10 each at a premium of Rs. 1.01 per equity share consequent upon the option exercised by ICICI Bank Ltd to convert its Funded Interest term loan (FITL) into equity shares of the Company under CDR Package in accordance with the resolution passed by the shareholders through postal ballot.&lt;br/&gt;&lt;br/&gt;Consequently, the paid-up capital of the Company has increased from Rs. 673,02,93,590 to Rs. 675,97,30,450 comprising of 62,34,85,035 Equity Shares of Rs. 10/- each and 5,24,88,010 &quot;B&quot; Equity Shares of Rs. 10/- each.
View all announcements for GUJARAT NRE COKE LTD. Source: BSE India