Shri­ram EPC: Share al­lot­ment to bankers

The Hindu Business Line - - FRONT PAGE -

Shri­ram EPC has is­sued 48.1 lakh shares to 12 banks un­der CDR. The banks are Al­la­habad Bank, Pun­jab Na­tional Bank, In­dusInd Bank, Fed­eral Bank, Cen­tral Bank of In­dia, Dena Bank, South In­dian Bank, Bank of Ma­ha­rash­tra, Cor­po­ra­tion Bank and IDBI Bank. Shares have also been is­sued to SBT and SBM, which have been merged with the SBI. Shri­ram EPC is al­ready un­der CDR ap­proved by a con­sor­tium of 16 bankers led by Ori­en­tal Bank.

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