Sirpur Paper Mills has informed that a meeting of the board of directors of the company will be held on November 09, 2012, to consider / approve the unaudited financial results and the limited review report of the auditors for the quarter ended September 30, 2012 and the letter of approval of CDR-EG received from IDBI Bank Ltd., the lead lender on November 02, 2012 along with the approved Corporate Debt Restructuring package.
Further, the board will consider preferential issue of ordinary (Equity) shares to a promoter of the company, pursuant to scheme approved under the Corporate Debt Restructuring (CDR) Framework of Reserve Bank of India and also will consider the postal ballot notice.
The above information is a part of company's filings submitted to BSE.
