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3i Infotech allots equity shares

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Capital Market

Under Debt Realignment Scheme Package

3i Infotech has allotted 10,82,89,063 equity shares of Rs 10 each and 18,95,05,860 0.10% Cumulative Non-Convertible Redeemable Preference Shares of face value of Rs 5 each (Class B Preference Shares) at par on a preferential basis to Standard Chartered Bank upon its accession to Supplemental Master Restructuring Agreement on 20 December 2016.

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First Published: Jan 02 2017 | 6:59 PM IST

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