Savita Oil Technologies Limited to invest in OCDs of Savita GreenTec Ltd

The Board of Directors of Savita Oil Technologies Limited at its meeting held today at its Registered Office at 66/67, Nariman Bhavan, Nariman Point, Mumbai 400 021 has agreed to subscribe 12,50,00,000 (Twelve Crore Fifty Lakh) Optionally Convertible Debentures (OCDs) having face value of Rs.10/- (Rupees Ten) each, at par, aggregating to Rs. 125,00,00,000/- (One Hundred and Twenty-five Crores), issued on private placement basis by Savita GreenTec Limited, Wholly-owned Subsidiary Company.

Source : Equity Bulls

Keywords

SavitaOilTechnologies SOTL Investment SavitaGreenTec Ltd