Pursuant to Regulation 30 of the SEBI Listing Regulations and further to prior disclosure dated March 31, 2021, 3i Infotech has informed that the Company has completed redemption of outstanding Preference Shares (i.e., Class A and Class B) except one Preference Shareholder of Class B on such terms as agreed between the Preference Shareholders and the Company on May 27, 2021 amounting to Rs 431.01 crores. The Company will convene a separate Board Meeting to obtain approval of the Board for change in terms of redemption of outstanding Foreign Currency Convertible Bonds ('FCCBs') and for fixing the record date for repayment of outstanding FCCBs to Bondholders post receipt of approval from Reserve Bank of India ('RBI') and necessary intimations regarding the same will be sent to the Stock Exchanges as per SEBI Listing Regulations.
The above information is a part of company’s filings submitted to BSE.
