On conversion of loan in terms of Resolution Plan
Electrosteel Steel has issued and allotted 7,399,132,055 equity shares of Rs 10 each on a preferential / private placement basis to financial creditors of the Company pursuant to conversion of loan equivalent to Rs 7399.13 crore in terms of Resolution Plan approved by National Company Law Tribunal- Kolkata Bench vide its order dated 17 April 2018.Powered by Capital Market - Live News
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