Others

Clarification

| Updated on December 30, 2015 Published on December 30, 2015

Usha Martin Ltd has informed BSE that:

"It has been noticed that someone has uploaded a post conveying that Usha Martin is calling a board meeting on 9th January, 2016 to consider conversion of debt to equity shares.

The Company intends to clarify that no such notice has been given by the Company. There is no such proposal for conversion of loan into equity is under consideration, nor the Company is under SDR Scheme."

Source : BSE - >www.bseindia.com

Published on December 30, 2015
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