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Chokhani Securities Ltd. - Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

| Updated on September 22, 2018 Published on September 22, 2018

Pursuant to provisions of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ("LODR Regulations"), read with SEBI circular no. CIR/CFD/CMD/4/2015 dated September 9, 2015 (SEBI Circular), we wish to inform you that the Securities Allotment and Transfer Committee of the Board of the Company in its meeting held on September 21st , 2018 have considered and approved the following actions / transactions:
1. Change in the conversion terms of 40,87,580 (Fourty Lakh Eighty Seven Thousand Five Hundred Fifty only) compulsorily convertible preference shares allotted to investors on August 16 and 409,507(Four Lakh Nine Thousand Five Hundred Seven only) compulsorily convertible preference shares allotted to investors on August 17, 2018 (both, collectively the CCPS) from convertible after 6 months from allotment to convertible on or after 24th day of September, 2018. The aforesaid change is subject to the receipt of consent of holders of three-fourths of the said CCPS.
There is no other modification of any other terms and conditions of the CCPS allotted.

Pdf Link: Chokhani Securities Ltd. - Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015

Source : BSE - www.bseindia.com

Published on September 22, 2018
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