Rishiroop to consider conversion of preference shares under scheme of amalgamation
On 12 January 2017
Rishiroop announced that a meeting of the Securities Issue Committee of the Board of Directors of the Company is scheduled to be held on 12 January 2017, interalia, to consider and approve the allotment of equity shares to the holders of 1% Optionally Convertible Preference Shares (OCRS) who have tendered their OCPS for conversion to equity shares as per the terms of the Scheme of Amalgamation with Rishiroop Rubber (International) approved by the High Court.Powered by Capital Market - Live News
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First Published: Dec 15 2016 | 4:54 PM IST