IL&FS Engineering and Construction Company informs about outcome of board meeting

31 May 2016

IL&FS Engineering and Construction Company has informed that the Board of Directors of the Company at its meeting held on May 30, 2016 has resolved, subject to requisite approvals by members of the Company through postal ballot and other Statutory / Regulatory approvals, if required, to issue Preference Shares of Rs 100 each on preferential basis for an amount up to Rs 500 Crore.

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

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