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3 months ago
BRIEF-Reliance Defence & Engineering allots 1.4 mln shares to HDFC
May 4, 2017 / 12:05 PM / 3 months ago

BRIEF-Reliance Defence & Engineering allots 1.4 mln shares to HDFC

May 4 (Reuters) - Reliance Defence and Engineering Ltd :

* Allotted via preferential issue to HDFC by way of conversion of equivalent amount of debt 1.4 million fully paid-up equity shares

* Allotted via preferential issue to HDFC at 59.35 rupees per share

* Allotted to HDFC by way of conversion of equivalent amount of debt 42.2 million compulsorily redeemable preference shares Source text for Eikon: Further company coverage:

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