Brief: Punj Lloyd Gets Shareholders' Nod To Sub-Divide Preference Share In 1:5 Ratio
31/07/2018 08:25
July 31 (Reuters) - Punj Lloyd Ltd PUJL.NS :
* GETS SHAREHOLDERS' NOD TO SUB-DIVIDE PREFERENCE SHARE IN
1:5
RATIO
* GETS SHAREHOLDERS' NOD TO AUTHORIZE LENDERS TO CONVERT
THEIR
OUTSTANDING FACILITIES INTO EQUITY AND/OR OTHER SECURITY
* GETS SHAREHOLDERS' NOD FOR CONVERSION OF DEBT/LOAN INTO
COMPULSORY CONVERTIBLE PREFERENCE SHARES
Source text: http://bit.ly/2KcM54K
Further company coverage: PUJL.NS
((Reuters.Briefs@thomsonreuters.com;))
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