Outcome of Board Meeting

Panyam Cements & Mineral Industries Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 14, 2016 has considered and allotted the Non Convertible Debentures pursuant to Sections 42, 71 and other applicable provisions, if any, of the Companies Act, 2013 to the following entities:

1. EW India Special Assets Fund Pte Limited - 279 Non Convertible Debentures of the face value of Rs. 10,00,000/- each aggregating to Rs. 27,90,00,000/- and

2. Ecap Equities Limited - 69 Non-Convertible Debentures of the face value of Rs. 10,00,000/- each aggregating to Rs. 6,90,00,000/-.

Pdf Link: >Outcome of Board Meeting

Source : BSE - >www.bseindia.com

Published on July 14, 2016
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