Corporate News 16-May-15
Board of Schneider Electric Infrastructure approves conversion of loan
At meeting held on 15 May 2015
Schneider Electric Infrastructure announced that the Board of Directors of the Company at its meeting held on 15 May 2015 has approved conversion of Loan of INR 47 crore borrowed from Energy Grid Automation Transformers & Switchgears India into Cumulative Preference Shares. This matter will be taken up for the Shareholders Approvals in the ensuing Annual General Meeting.
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