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Adhunik Metaliks to hold board meeting

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Capital Market

On 27 March 2015

Adhunik Metaliks will hold a meeting of the Board of Directors of the Company on 27 March 2015, to consider the notice of Postal Ballot for increasing limit to the extent of Rs. 5,500.00 Crores under Section 186 of the Companies Act, 2013;Composite debt restructuring sanctioned by the CDR Empowered Group vide their letter dated 20 March 2015 and implementation of the CDR package before March 31, 2015;Conversion of entire debt into fully paid equity shares as per extended guidelines of sanctioned CDR package.

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First Published: Mar 26 2015 | 5:41 PM IST

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