Under CDR package
3i Infotech announced that pursuant to the terms of the Master Restructuring Agreement dated 30 March 2012 as amended from time to time (the "MRA") entered into inter alia between the lenders subscribing to the CDR Package (the CDR Lenders") and 3i Infotech (the Company), the Company has allotted 1,69,70,618 (One Crore Sixty Nine Lakh Seventy Thousand Six Hundred Eighteen) equity shares of Rs.10/- each at a conversion price of Rs. 19.74 on a preferential basis to DBS Bank, one of the CDR Lenders, on 07 October 2015.This allotment is subject to the lock-in requirements as stated in the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 as amended from time to time with regard to Preferential Issue.
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