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TRIDENT LTD. - Outcome of Board Meeting
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26 Sep 2015
Trident Ltd has informed BSE that pursuant to the special resolution passed by the members of The Company at their 25th Annual General Meeting held on September 12, 2015, the Board of Directors at its meeting held on September 26, 2015 has allotted 50,000,000 6% Non Convertible, Cumulative Redeemable Unlisted Preference Shares (NCCRPS) of INR 10 each, for cash at par, aggregating to INR 500,000,000 (Rupees Fifty Crore only) redeemable upto 20 years on Private Placement Basis.&lt;BR&gt;&lt;BR&gt;Consequent to this allotment, the Paid up Share Capital of the Company stands increased to INR 5,588,476,880/- (Rupees five hundred fifty eight crore eighty four lacs seventy six thousand eight hundred eighty only) comprising of Equity Share Capital of INR 5,088,476,880/- and Preference Share Capital of INR 500,000,000/-.
View all announcements for TRIDENT LTD. Source: BSE India