Comments
The board of directors of ABG Shipyard on Thursday allotted 8.07 crore 0.01 per cent compulsorily convertible preference shares of ₹10 each at par to the CDR lenders as per CDR package on preferential basis. The preference shares shall be fully paid-up at the time of allotment and will come with a lock-in period as may be prescribed under the SEBI Regulations. Shares of ABG Shipyard slumped about 3 per cent at ₹188.85 on the NSE.
Comments
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.