Consequent to payment of entire OTS dues of all the banks, Tulsyan NEC Limited has received the NOC from the Canara Bank Limited, the leader of Consortium and Lenders agent. With this entire banks OTS liabilities has been settled and paid off.
The Board of Directors of Tulsyan NEC Ltd, have considered and approved allotment of 2,690 unlisted, unrated, secured, redeemable, NCDs, each having a face value of INR 10,00,000 aggregating to INR 269,00,00,000 on a private placement basis.
Rhetan TMT Ltd has fixed Tuesday, 31st January, 2023 as the Record Date, for the purpose of ascertaining the eligibility of the shareholders entitled for stock split and 11:4 bonus issue.