Foods & Inns allots 38402 equity shares to Raymond Simkins

Capital Market 

On conversion of interest free unsecured loan

Foods & Inns announced that the Committee Meeting of the Board of Directors of the Company held on 24 March 2017 approved the allotment of 38402 equity to Simkins pursuant to conversion of interest free unsecured loan into equity at a price of Rs 870 per equity with a premium of Rs 860 per equity share.

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

Foods & Inns allots 38402 equity shares to Raymond Simkins

On conversion of interest free unsecured loan

On conversion of interest free unsecured loan

Foods & Inns announced that the Committee Meeting of the Board of Directors of the Company held on 24 March 2017 approved the allotment of 38402 equity to Simkins pursuant to conversion of interest free unsecured loan into equity at a price of Rs 870 per equity with a premium of Rs 860 per equity share.

Powered by Capital Market - Live News

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

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