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    AUTOIND — Autoline Industries News Story

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    Brief: India's Autoline Industries Dec Qtr Consol Net Loss Widens

    Picture of Autoline Industries logoAutoline Industries
    13/02/2020 11:17
    Feb 13 (Reuters) - Autoline Industries Ltd  AUIN.NS :
    * DEC QUARTER CONSOL NET LOSS  167.8 MILLION RUPEES VERSUS 
LOSS
163 MILLION RUPEES YEAR AGO
    * DEC QUARTER CONSOL REVENUE FROM OPERATIONS   814.2 MILLION
RUPEES VERSUS  1.05 BILLION RUPEES YEAR AGO
    * AUTOLINE INDUSTRIES LTD - APPROVES RESTRUCTURING OF
OUTSTANDING
LOAN OF 481.3 MILLION RUPEES WITH JM FINANCIAL ASSET
RECONSTRUCTION CO LTD
    * AUTOLINE INDUSTRIES LTD - APPROVED ISSUE OF EQUITY SHARES
OF CO
TO JMFSL FOR 100 MILLION RUPEES
    * AUTOLINE INDUSTRIES LTD - APPROVED ISSUE OF OPTIONALLY
CONVERTIBLE DEBENTURES OF 9% INTEREST TO JMFSL FOR 150 MILLION
RUPEES
    * AUTOLINE INDUSTRIES LTD - FIXED CONVERSION PRICE OF 70
RUPEES
EACH FOR EACH CONVERTED EQUITY SHARES

Source text for Eikon:  ID: 
Further company coverage:  AUIN.NS 

 ((Reuters.Briefs@thomsonreuters.com;))

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