Brief: Elgi Rubber Co Approves Winding Up Of Inoperative Non-Material Unit In Kenya

Elgi Rubber Co

13/09/2023 12:08

Sept 13 (Reuters) - ELGI Rubber Co Ltd  ELGT.NS :
    * APPROVES WINDING UP OF INOPERATIVE NON-MATERIAL UNIT IN
KENYA
    * APPROVED TO SELL OR DISPOSE OFF AIRCRAFT TYRE RETREADING
BUSINESS
    * APPROVES TO SELL OR DISPOSE OFF CERTAIN IMMOVABLE
PROPERTIES OF
CO
    * APPROVED CONVERSION OF OUTSTANDING LOANS GIVEN BY CO TO
ITS
UNITS IN USA, BRAZIL, NETHERLANDS
    * APPROVED CONVERSION OF OUTSTANDING LOANS INTO
NON-CUMULATIVE
COMPULSORILY CONVERTIBLE PREFERENCE SHARES

Source text for Eikon:  ID:nNSEnG0Jt 
Further company coverage:  ELGT.NS 

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