General Announcement::Allotment of Shares to Lenders under Debt Realignment Scheme Package

Issuer & Securities

Issuer/ Manager
3I INFOTECH LIMITED
Securities
3IINFOTECH US$2.435MCB170726 - XS0308551166 - 3JDB
3IINFOTECUS$125.356M5%CB170426 - XS0769181982 - 2CCB
3IINFOTEUSD16.323M2.5%CB250331 - XS1423751418 - 66DB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
27-Sep-2017 21:19:38
Status
New
Announcement Sub Title
Allotment of Shares to Lenders under Debt Realignment Scheme Package
Announcement Reference
SG170927OTHR7CAP
Submitted By (Co./ Ind. Name)
Rajeev Limaye
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
This is to inform you that pursuant to the terms of the Supplemental Master Restructuring Agreement dated June 29, 2016 Supplemental MRA to the Master Restructuring Agreement dated March 30, 2012, the Company has allotted 4,70,84,567 Four Crore Seventy Lakh Eighty Four Thousand Five Hundred Sixty Seven equity shares of Rs.10 each and 7,81,83,606 Seven Crore Eighty One Lakh Eighty Three Thousand Six Hundred Six 0.10 percent Cumulative Non-Convertible Redeemable Preference Shares of face value Rs. 5/- each Class B Preference Shares at par on a preferential basis to Canara Bank - Mumbai and Export - Import Bank of India upon their accession to Supplemental MRA on September 26, 2017.
Request you to note that the allotment of equity shares is subject to the lock-in requirements as stated in Chapter VII of the Securities and Exchange Board of India Issue of Capital and Disclosure Requirements Regulations, 2009 as amended from time to time.

Attachments

sgx.pdf
Total size =80K