Era Infra to issue shares on pref basis; stock down

At 3:05PM, Era Infra is trading down 4.21% at Rs. 13.90 as against the previous close of Rs. 14.50 on BSE

Oct 01, 2014 03:10 IST India Infoline News Service

Era Infra has received the approval of its shareholders to ratify and confirm the corporate debt restructuring scheme in relation to the company's debt, according to filing made by the company to BSE.
 
The company plans to issue issue equity shares on preferential basis on conversion of the whole or part of the restructured facilities.
 
At 3:05PM, Era Infra is trading down 4.21% at Rs. 13.90 as against the previous close of Rs. 14.50 on BSE.

Related Story