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Rediff.com  » Business » Noida Toll Bridge Co Board to consider Rights Issue pursuant to Debt Restructuring

Noida Toll Bridge Co Board to consider Rights Issue pursuant to Debt Restructuring

February 15, 2003 16:23 IST
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Noida Toll Bridge Company Ltd has informed BSE that one of the preconditions to be fulfilled by the Company, as a part of the approved Debt Package, was an infusion of Equity to the tune of Rs 250 million. The Company is considering the infusion of this Equity by a Rights Issue and this matter is slated to be taken up by the Board of Directors at a meeting scheduled on February 28, 2003.

BSE Code: 532481

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