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Board of GTN Textiles approves allotment of NCDs aggregating Rs 4.10 cr

Capital Market 

At meeting held on 26 November 2020

The Board of GTN Textiles at its meeting held on 26 November 2020 has approved allotment of 5,10,000 6.5% Non Cumulative, Non-Convertible, Non-Participating Redeemable Preference Shares(NCRPS) of face value of Rs.100/- each aggregating Rs.5.10 crore for cash at par on a private placement basis to Seajuli Developers and Finance.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Thu, November 26 2020. 14:21 IST