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.
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