19 Jul 2022 , 01:33 AM
The Board of Cravatex at its meeting held on 14 July 2022 has approved the redemption of 2500000 nos of 4Percentage Nonconvertible Cumulative Redeemable Preference Shares of Rs10 each of the Company offered by the Preference Shareholders aggregating to Rs250 crore Consequently the paid up equity share capital shall reduce to Rs 765 crore from Rs 1015 crore as on 31 March 2022
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