Brief: Diamond Power Infrastructure says conversion of debt into equity under SDR mechanism
Jan 19 (Reuters) - Diamond Power Infrastructure Ltd
DIAC.NS
* Diamond Power Infrastructure Ltd says conversion of debt
into equity under SDR mechanism
* Diamond Power Infrastructure Ltd - step will bring down
co's debt by INR 8.55 billion
* Diamond Power Infrastructure Ltd says co's board will meet
on Jan 24 for allotment of shares to various lenders in agreed
proportion
Source text - (http://bit.ly/2jA1gM8)
Further company coverage: DIAC.NS
((Bangalore.newsroom@thomsonreuters.com;))
Recent news on Diamond Power Infrastructure
See all newsBrief: Diamond Power Infrastructure Ltd To Add A New Catenary Continuous Vulcanisation Line For Cables Up To 132 KV
Brief: Diamond Power Infrastructure Appoints Kundip S. Thakker As CFO
India's Diamond Power Infrastructure rises on 1.16 billion-rupee order win
Brief: Diamond Power Infrastructure Secures 1.16 Billion Rupees 11 KV Power Cable Orders
India's Diamond Power jumps after early exit from insolvency process