IVRCL LTD allots 38692173 Equity Shares to the CDR Lenders

IVRCL Ltd has made an allotment of 3,86,92,173 equity shares of Rs. 2/- each on January 29, 2015 to the CDR Lenders who have signed the Master Restructuring Agreement. This allotment is towards 2nd Tranche of conversion of FITL into equity for the period from October 01, 2014 to December 31, 2014.

Shares of IVRCL LTD was last trading in BSE at Rs.17.15 as compared to the previous close of Rs. 17.6. The total number of shares traded during the day was 603139 in over 3103 trades.

The stock hit an intraday high of Rs. 18.1 and intraday low of 17. The net turnover during the day was Rs. 10503948.

Source : Equity Bulls

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