DMC Education Ltd has informed BSE that the Board of Directors of the Company at its meeting held on March 14, 2013, has transacted the following business:
- To Allot 53,40,000 Equity Shares to M/s. ?D.B. Corp Limited? upon Conversion of 1 (One) Debenture of 2,67,00,000/- (Rs. Two Crore Sixty Seven Lacs) which was earlier issued to ?D.B. Corp. Limited?,. The Conversion of Debenture into Equity Shares is as per Securities and Exchange Board of India (Issue of Capital and Disclosure Requirement), Regulations 2009.
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