Board of Prakash Industries passes resolution on payment of outstanding FCCBs
On 18 December 2017
The Board of Prakash Industries have passed resolution by circulation on 18 December 2017 for approval of payment in respect of outstanding obligation of the Company on USD 17.85 million cash consideration due on the 5.25% April, 2015 FCCBs as per agreed terms with FCCB holder(s) and payment will be made by the Company on or before 31 March 2018.Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content