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Ruttonsha International Rectifier Ltd.

BSE: 517035 Sector: Engineering
NSE: N.A. ISIN Code: INE302D01016
BSE 16:01 | 27 Mar 2018 Ruttonsha International Rectifier Ltd
NSE 05:30 | 01 Jan 1970 Ruttonsha International Rectifier Ltd

Outcome of Board Meeting

August 31, 2016, 11:13 am | Source: BSE

Ruttonsha International Rectifier Ltd has informed BSE that the Board of Directors of the Company at their meeting held on August 31 2016 have unanimously decided to roll back the proposal for partial redemption of 289710 Preference Shares passed at the Board meeting held on August 12 2016.

The Board is of the opinion that considering growth plans of the Company and revival in business sentiments it is prudent to roll back the proposal for redemption of preference shares and utilize the existing cash flows in the business and operations of the Company.