Under S4A scheme
SPML Infra announced that in terms of the Scheme for Sustainable Structuring of Stressed Assets ('S4A') for the Company as approved by the Overseeing Committee (OC) in its meeting held on 6 October 2017 and also pursuant to the approval of the Shareholders accorded in their Extraordinary General Meeting held on 20 November 2017, the Committee of Directors in its meeting held on 30 November 2017 approved allotment of 52,39,067 Optionally Convertible Debentures (OCDs) of face value of Rs 1000 each to the Lender Banks.Powered by Capital Market - Live News
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