Outcome of Board Meeting

BELSTAR INVESTMENT AND FINANCE Pvt LIMTIED has informed BSE that the Company is planning to raise, additional funds not exceeding Rs. 350 Cr by issue of Senior Rated, Non-Convertible Secured Debentures (NCDs) on a private placement basis.

The Company has already got approval from the shareholders for raising fund up to Rs. 500 Cr by way of issuing Non-Convertible Debenture (NCDs) on private placement basis vide their Extra Ordinary Meeting held on March 29, 2017.

In this regards the approval for raising funds as mentioned above is considered in the meeting of the Board of Directors held on November 29, 2017.

Pdf Link: Outcome of Board Meeting

Source : BSE - www.bseindia.com

Published on November 29, 2017


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