Under CDR
Gujarat NRE Coke announced that the Management Committee of the Board of Directors of the Company at its meeting held on 08 April 2015, has considered and approved the allotment of 11,77,004 equity shares of Rs. 10 each at Rs. 11.01/- (at a premium of Rs. 1.01 per equity share) consequent upon the option exercised by ICICI Bank to convert its Funded Interest term loan (FITL) into equity shares of the Company under CDR package in accordance with the resolution passed by the shareholders through postal ballot.Consequently, the paid-up capital of the Company has increased from Rs. 742,47,30,450 to Rs. 743,65,00,490 comprising of 69,11,62,039 Equity Shares of Ks. 10/- each and 5,24,88,010 "B" Equity Shares of Rs. 10/- each.
Powered by Capital Market - Live News
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app