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Indag Rubber informs about outcome of board meeting

13 Jan 2017 Evaluate

Indag Rubber has informed that Board of Directors in their meeting held on January 12, 2017 has approved investment of $1.8 Million in Cumulative Compulsorily Convertible Preference Shares of SRL 142 Holdings (Jersey) bearing a 12% coupon and convertible into common equity of SRL 142 Holdings (Jersey).

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

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