Nihar Info Global to consider conversion of unsecured loans to equity shares

Pursuant to the Scheme of Arrangement as per the order of High Court of Andhra Pradesh, a meeting of the Board of Directors of Nihar Info Global Ltd will be held on May 02, 2014, to consider conversion of unsecured loans of Rs. 2,67,52,700 into equity share capital by way of issue and allotment of 26,75,270 equity shares of Rs. 10/- at par.

Source : Equity Bulls

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