Shriram EPC shares rally over 16% on plans to convert debt into equity
Shriram EPC shares rallied as much as 16.53 per cent in the early trade on Tuesday after the company said it will take shareholders nod for conversion of its debt worth up to Rs 1,280 crore into equity shares. The post Shriram EPC shares rally over 16% on plans to convert debt intoequity appeared first on The Financial Express. Outcome of Board Meeting
Shriram EPC Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 11, 2016, has transacted the following:1. Conversion of the Working Capital Term loan of the CDR Lenders into equity shares of the Company to the maximum extent of Rs. 1280 Crores, subject to the shareholders and other regulatory approvals, at a price to be determined as per regulations.... Board Meeting on July 11, 2016
Shriram EPC Ltd has informed BSE that a meeting of the Board of Directors of the Company will held on July 11, 2016, for considering & approving the issuance of shares in lieu of the WCTL (Working Capital Term Loan) to the CDR lenders and considering & approving the issuance of shares upto Rs. 265 Crores to the promoters, on preferential basis. Outcome of Board Meeting
Shriram EPC Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 23, 2016, inter alia, has approved the following:1. Change in Composition of Board:-- Mr. S Bapu who is an Independent Director in the Board of the Company is being re-designated as Non-Executive and Non- Independent Director with effect from May 23, 2016 since he has become a Trustee in SVL Trust, the Promoter of the Holding Company M/s. SVL Limited. Standalone & Consolidated Financial Results, Form B, Auditors Report for March 31, 2016
Shriram EPC Ltd has informed BSE about : 1. Standalone Financial Results for the period ended March 31, 20162. Consolidated Financial Results for the period ended March 31, 20163. Standalone Form B for the period ended March 31, 20164. Consolidated Form B for the period ended March 31, 20165. Standalone Auditors Report for the period ended March 31, 20166. Consolidated Auditors Report for the period ended March 31, 2016 Board Meeting Intimation for Results
Shriram EPC Ltd has informed BSE that the Audit Committee (scheduled to commence at 11.00 a.m.) and Board Meeting (scheduled to commence at 01.00 p.m.) on May 23, 2016 for the consideration and approval of audited financial results for the year ended March 31, 2016. Shareholding for the Period Ended March 31, 2016
Shriram EPC Ltd has submitted to BSE the Shareholding Pattern for the Period Ended March 31, 2016. For more details, kindly Click here Statement of Investor Complaint under Reg. 13(3) of SEBI (LODR) Regulations, 2015 for Quarter ended March 31, 2016
Shriram EPC Ltd has informed BSE regarding Quarterly Statement on Investor Complaints / Grievances Redressal Mechanism for the Quarter ended March 31, 2016, under Regulation 13(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. 