Brief: Oriental Trimex approves issue of shares to Asset Reconstruction Company (India)
02/09/2016 13:07
Sept 2 (Reuters) - Oriental Trimex Ltd ORTX.NS : * Approved issue of shares on preferential basis to Asset Reconstruction Company (India) limited by conversion of a portion of loan * Source text: Oriental Trimex Ltd has informed BSE that the Board of Directors of the Company at its meeting held on September 02, 2016, to approval of shareholders, among other items of agenda, approved issue of equity shares on preferential basis to Asset Reconstruction Company (India) Limited (ARCIL) by conversion of a portion of the loan acquired by them into Equity Shares. * Further company coverage ORTX.NS ((Bangalore.newsroom@thomsonreuters.com))
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