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| Exchange Disseminated Time | | Jaiprakash Power Ventures Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 12, 2013, inter alia, has authorised, subject to approval of the Shareholders by passing the Resolution by way of Postal Ballot, raising of funds / resources upto Rs. 3500 crores through various Domestic/International options, including QIP/ ECB with rights of conversion into shares / FCCBs/ ADRs/ GDRs/ FPO/ Optionally or Compulsorily Convertible Redeemable Preference Shares etc., pursuant to Section 81 of the Companies Act, 1958 for the Company’s ongoing projects and/or the projects of its joint venture and subsidiary companies. |
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