PVR LTD. - Outcome of Board Meeting

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22 Jul 2015
PVR Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 22, 2015, inter alia, has approved the following:<BR><BR>1. Issue of Non Convertible Debentures for a sum not exceeding Rs. 500 Crores subject to approval by the members of the Company in the forthcoming Annual General Meeting.<BR><BR>2. Scheme of Merger of PVR Leisure Limited and Lettuce Entertain You Limited with the Company.<BR><BR>3. Allotment of 50,00,000 Equity Shares @ Rs. 700/- per share of face value Rs. 10/- each equity share at a premium of Rs. 690/- per share aggregating to Rs. 350 Crores on preferential basis to Plenty Cl Fund I Limited, Multiples Private Equity Fund II LLP and Plenty Private Equity Fund I Limited.
View all announcements for PVR LTD.	Source: BSE India

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