SEPC allots 160 cr equity shares on preferential basis

9 Sep 2022 , 01:31 AM

SEPC has allotted 160 crore equity shares at Rs 10 each on preferential basis to Ms Mark AB Capital Investment LLC as approved by the Shareholders of the Company and the Resolution Plan approved by the lenders of the Company With this allotment the balance investment and allotment stands at Rs 3795 crore The company has also made payment towards the partial redemption of 78830 Unlisted Reset Rate Secured Unrated Redeemable Non-Convertible Debentures Series – 1 Tranche – 1 having face value of Rs 100 each on 30 August 2022