The shareholders of Ballarpur Industries have approved the issue and allotment of 450 lakh equity shares of the face value of Rs. 2 each of the company to the promoter on preferential basis.
Further, the shareholders have approved the issue and allotment of 550 lakh unsecured zero coupon compulsory convertible bonds (ZCB) at an issue price of Rs. 30 per ZCB to the promoter on preferential basis.
Source :www.biginfotech.in
Further, the shareholders have approved the issue and allotment of 550 lakh unsecured zero coupon compulsory convertible bonds (ZCB) at an issue price of Rs. 30 per ZCB to the promoter on preferential basis.
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