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Sterling Gated Community Pvt Ltd - Compliances-Reg. 59 - Prior approval from Stock Exchange for material modification in structure of NCD / NCRP

| Updated on May 17, 2019 Published on May 17, 2019

This has reference to the 16% 600 Rated Listed Secured Redeemable Non-Convertible Debentures of Rs.10 lakhs each aggregating to Rs. 60 crores on private placement basis. The company has entered into Fourth Amendment to the Debenture Trust Deed on 03.04.2019 for change of coupon payment terms deferring the accruals and payment of coupon till such time the project is launched and payment of coupon shall be subject to the availability of funds and change in principal payment amount on or before 30.06.2020. we have full consent of Debenture holders for change of coupon payment terms.

Pdf Link: Sterling Gated Community Pvt Ltd - Compliances-Reg. 59 - Prior approval from Stock Exchange for material modification in structure of NCD / NCRP

Source : BSE - www.bseindia.com

Published on May 17, 2019
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