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Board Meeting-Outcome of Board Meeting

| Updated on March 27, 2018 Published on March 27, 2018

The Board of Directors in their meeting held on 27th March, 2018, have transacted the following business.

1. Issue and allotment of 30,000 Optionally Convertible Debentures of Rs. 1,00,000 each fully paid aggregating to Rs. 300 crores
2. Disinvestment in ITI Reinsurance Limited
3. Issue of corporate guarantee to Yes Bank Limited for Rs. 300 crores against credit facilities to be availed by Fortune Credit Capital Limited (a wholly Owned Subsidiary)
4. Other business as per agenda of the meeting.

Pdf Link: Board Meeting-Outcome of Board Meeting

Source : BSE - www.bseindia.com

Published on March 27, 2018
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