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Issue of equity shares of Andrew Yule & Co. Ltd. as preferential issues to Bank of Baroda as Qualified Institutional Buyer

News and Press Release - Dated:- 6-4-2016 - The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has given its approval for conversion of Working Capital Term Loan (WCTL) amounting to ₹ 29.91 crore from B .....

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Exchange Board of India (SEBI) Guidelines on the date of acquiring of shares by BoB with face value of ₹ 2/- per share. Conversion of WCTL into equity will: (i) Bring down the cost of debt servicing by AYCL by ₹ 2.86 crore per annum, res .....

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al amount of Securities Premium will form part of net worth of Company and will enhance the strength of its balance sheet. This is expected to increase growth and profitability of AYCL and in turn is likely to translate into better share price of AYC .....

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n manufacturing of Industrial Fans, Ventilation Equipment, Air Pollution Control Equipment & Systems, Effluent Treatment Plants, Power & Distribution Transformers, High Tension and Low Tension, Switchgears and Circuit Breakers, Auto Voltage R .....

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