IVRCL Ltd, the Hyderabad-based infrastructure company, has on Wednesday allotted 18,19,60,413 equity shares of Rs 2 each, at a price of Rs 8.76 per share, to some banks, who were part of the company debt restructure process.
These banks/lenders have been allocated shares in terms of RBI Circular on Strategic Debt Restructure (SDR), IVRCL has informed BSE.