Brief: Sakthi Sugars to consider,approve issue of shares on preferential basis to Asset Reconstruction Company (India)

Sakthi Sugars

27/04/2016 06:54

April 27 (Reuters) - Sakthi Sugars Ltd  SKSG.NS : 
 * To consider,approve issue of shares on preferential basis to asset 
   reconstruction company (India) 
  
 * Source text: Sakthi Sugars Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on May 02, 2016, inter alia, to consider and approve 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 amounting to Rs. 61.12 crores. 
 
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