Brief: Unity Infraprojects issues, allots shares to CDR lenders on preferential basis

Unity Infraprojects (MUMBAI)

31/03/2016 11:00

March 31 (Reuters) - Unity Infraprojects Ltd  UTIL.NS : 
 * Issued & allotted 4.5 million equity shares at a price of inr 27.52 per share 
   to cdr lenders on preferential basis 
 * Joint lenders forum approved in in principle the decision for invocation of 
   strategic debt restructuring (SDR) 
 * Approved conversion of FITL into equity pursuant to invocation of strategic 
debt restructuring 
 
 * Source text: http://bit.ly/1V96RUO 
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