Atlanta has informed that pursuant to provisions of Section 55 of Companies Act, 2013 read with the Companies (Share Capital and Debentures) Rules, 2014 including statutory modifications or re-enactment thereof for the time being in force, the Management Committee has at its meeting held on July 13, 2016 approved the Redemption of 2,500,000 25% Non-Cumulative Redeemable Preference Shares of Rs 10 at a Premium of Rs 40 per share in four equal installment of 625,000 shares each.
The above information is a part of company’s filings submitted to BSE.
