Indsil Hydro Power and Manganese has received approval for the extension of the period of redemption (roll-over) of 1,50,00,000 10% Cumulative Redeemable Preference Shares subject to requisite approvals for a further period of 3 years from October 19, 2019 to October 18, 2022 with the option to redeem the preference shares at par at any time at the option of the Company before the due date of redemption.
The Board of Directors of the Company at its meeting held on October 28, 2019 has approved the same.
Indsil Hydro Power and Manganese is engaged in the generation of electricity from its captive hydroelectric power plant in Kerala, India. The company also involves in ferro alloy smelting.
| Company Name | CMP |
|---|---|
| Indian Metal & Ferro | 1449.20 |
| Maithan Alloys | 993.80 |
| Nava | 698.45 |
| Indsil Hydro Power | 41.51 |
| Shyam Century | 6.00 |
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