Himachal Futuristic Communications has informed the exchanges that a meeting of the debentures allotment committee of its board of directors will be held on June 2. The meeting will consider and approve the allotment of 10.30 per cent, 4.23 lakh secured, unlisted, non-convertible debentures of the company of ₹100 each, aggregating to ₹4.23 crore on private placement basis by way of conversion of outstanding right of recompense amount payable to the bank. Shares of HFCL edged down 0.38 per cent at ₹12.95 on the BSE.
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.