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UNITY INFRAPROJECTS LTD. - Outcome of Board Meeting
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06 Jul 2015
Unity Infraprojects Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 06, 2015, inter alia, has considered and approved the followings:&lt;BR&gt;&lt;BR&gt;1. Considered, issue and allotted 36,08,738 Equity shares of Rs. 2/- each at a price of Rs. 27.52 per share to CDR Lenders pursuant to CDR Scheme.&lt;BR&gt;&lt;BR&gt;2. Considered, issue and allotted 2,64,20,784 Equity shares of Rs. 2/- each at a price of Rs. 27.52 per share to Promoters/promoters group companies pursuant to CDR Scheme.&lt;BR&gt;&lt;BR&gt;3. Considered conversion of interest on FITL into Equity for the period from March 01, 2015 to March 31, 2016.&lt;BR&gt;&lt;BR&gt;4. Considered and approved to take Postal Ballot for obtaining Shareholders approval.&lt;BR&gt;&lt;BR&gt;5. Recommended to the general body to approve, ratify and confirm the Corporate Debts Restructuring Scheme through Postal Ballot.
View all announcements for UNITY INFRAPROJECTS LTD. Source: BSE India

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