Satra Properties India informs about outcome of circular resolution

31 Mar 2016

Satra Properties India has informed that pursuant to the terms and conditions of issue of Debentures, the Board of Directors of the Company by means of Circular Resolution dated March 30, 2016 has given approval for Pre/Part redemption of up to Rs 10 Crores [up to 1,000 Nos. of Secured Redeemable Non-Convertible Debentures out of Total 5600 Nos. of Secured Redeemable Non-Convertible Debentures (unlisted)] of Face Value of Rs 100,000 each at par in one or more tranches from time to time as per availability of funds.

The above information is a part of company’s filings submitted to BSE.

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