GMR Holdings has informed that the Board of Directors of the Company July 22, 2015, had considered the proposal of debenture holders and approved for redemption of 1200 Series C listed, rated, redeemable, market linked nonconvertible debentures of face value of Rs 1 0,00,000 each aggregating to Rs 120 Crore (‘Debentures’) prior to the date of maturity. The Company had also received the consent of the Debentures Trustee for redemption before the date of maturity.
The above information is a part of company’s filings submitted to BSE.
