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Board Meeting-Outcome of Board Meeting

| Updated on February 12, 2018 Published on February 12, 2018

A meeting of Board of Directors of the Company was held today, 12th February, 2018 and the Board inter alia has approved the following:

1. Mainly to replace few of its current or near term maturity debts as well as some more high cost debts with fresh mobilisation of funds. Authority for issue of Secured Redeemable Non-Convertible Debentures (NCDs) for a value upto Rs. 1500 Crore in one or more tranches within a period of one year, subject to approval by the members;

2. Undertaking the process of postal ballot for seeking approval of the Shareholders in respect of the Sr. No. 1 mentioned above.

Pdf Link: Board Meeting-Outcome of Board Meeting

Source : BSE - www.bseindia.com

Published on February 12, 2018
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