IVRCL Ltd allots 8,79,80,636 Equity Shares to the CDR Lenders

IVRCL Ltd has made an allotment of 8,79,80,636 equity shares of Rs. 2/- each on December 04, 2014 to the CDR Lenders who have signed the Master Restructuring Agreement. This allotment is towards 1st Tranche of conversion of FITL into equity for the period from December 01, 2013 to September 30, 2014.

Shares of IVRCL LTD was last trading in BSE at Rs.17.25 as compared to the previous close of Rs. 17.1. The total number of shares traded during the day was 598850 in over 2078 trades.

The stock hit an intraday high of Rs. 17.85 and intraday low of 17.05. The net turnover during the day was Rs. 10455156.

Source : Equity Bulls

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