Business Daily from THE HINDU group of publications Sunday, May 11, 2008 ePaper | Mobile/PDA Version | Audio |
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Corporate
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Preferential Allotments Nod for redemption of shares by NBCC New Delhi, May 10 The Cabinet Committee on Economic Affairs (CCEA) on Friday gave its ex-post-facto nod for redemption of 7 per cent non-cumulative preference shares by NBCC Ltd. Although the redemption was due in financial year 2006-07, it was actually done on August 22, 2007 i.e in the financial year 2007-08. The CCEA nod would help in regularisation of redemption. - Our Bureau More Stories on : Preferential Allotments | Policy
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