Industrial Investment Trust at its meeting held on April 03, 2014 has accorded their approval for issue and allotment of 7,20,000 equity shares upon Conversion of 7,20,000, 10% Compulsorily Convertible Preference Shares to the Promoters, N.N. Financial Services Private Limited and Nimbus (India) Limited.
Industrial Investment Trust Ltd has informed BSE that the Board of Directors of the Company at its meeting held on April 03, 2014 have accorded their approval for issue and allotment of 7,20,000 equity shares upon Conversion of 7,20,000, 10% Compulsorily Convertible Preference Shares to the Promoters, N.N. Financial Services Private Limited and Nimbus (India) Limited issued on preferential basis being the third and the last tranche of allotment.Source : BSE
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