General Announcement::Intimation of Board Meeting

Issuer & Securities

Issuer/ Manager
3I INFOTECH LIMITED
Securities
3IINFOTECH US$2.435MCB170726 - XS0308551166 - 3JDB
3IINFOTECUS$125.356M5%CB170426 - XS0769181982 - 2CCB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
04-Dec-2015 18:47:12
Status
New
Announcement Sub Title
Intimation of Board Meeting
Announcement Reference
SG151204OTHR15LQ
Submitted By (Co./ Ind. Name)
3i Infotech Limited
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
A meeting of the Board of Directors of the Company will be held on Monday, December 7, 2015 to discuss and approve, among others, a proposal for the realignment of its debt with the lenders / lessors in India and Foreign Currency Convertible Bondholders (FCCBs). Such realignment of debt may include, among others, conversion of a portion of debt into equity / redeemable preference shares and restructuring of a portion of debt to provide for elongated repayment schedule and revised interest rate. Any debt realignment proposal shall remain subject to approval from, among others, the lenders / lessors in India and FCCB holders as well as relevant shareholder and regulatory authorities. The outcome of the Board Meeting will be informed to the exchange.

Attachments

SGX.pdf
Total size =122K