Board of SEPC approves allotment of shares aggregating Rs 220 cr

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Capital Market
Last Updated : Jun 25 2022 | 10:31 AM IST

On 24 June 2022

The Board of SEPC at its meeting held on 24 June 2022 has approved the allotment of equity shares on a preferential basis to Mark AB Capital Investment LLC, 22 crore equity shares at Rs 10 each totalling to Rs 220 crore being the first tranche out of the total issue approved of Rs 350 crore under the resolution plan as approved by th e lenders.

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First Published: Jun 25 2022 | 10:14 AM IST

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