IL&FS Engineering and Construction Company Ltd has extended the redemption period of 4,50,000 six per cent Cumulative Redeemable Preference Shares of Rs 100 each.
These were due for redemption on September 30, 2012. In a statement to BSE, the company has informed that the redemption period has been extended for three years with an early redemption right to the company before the extended period by giving 30 days notice period.
The company shares were trading at Rs 64.05, up 0.63 per cent in morning trade.