At meeting held on 28 August 2017
Bombay Rayon Fashions announced that the Board of Directors of the Company at its meeting held on 28 August 2017 has approved the issuance of 1,93,10,061 equity shares of face value of Rs. 10 each and upto 1,06,732 Optionally Convertible Debentures ('OCDs') of the Company of face value of Rs. 1000/- each to State Bank of India under Scheme for Sustainable Structuring of Stressed Assets ('S4A scheme) through preferential route in terms of applicable provisions of the Companies Act, 2013 and SEBI regulations and guidelines.Powered by Capital Market - Live News
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