Corporate Announcement
Security Code : 532371    Company : TTML    
 
Outcome of Board MeetingDownload PDF Download XBRL
  Exchange Received Time  18/10/2017 15:28:11         Exchange Disseminated Time   18/10/2017 15:28:17              Time Taken   00:00:06
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), we wish to inform you that the Board of Directors of the Company at its meeting held on October 18, 2017 has approved raising of additional funds upto an aggregate amount of Rs. 20,000 Crores (Rupees Twenty Thousand Crores Only) by issue of one or more types of the following securities/instruments/modes in accordance with the applicable provisions of the Companies Act, 2013 and Listing Regulations, subject to approval of the Members either by way of Postal Ballot or at the Extraordinary General Meeting:

1. Redeemable Preference Shares to the Promoters on preferential basis; and/or
2. Non-Convertible Debentures in one or more tranches; and/or
3. Inter Corporate Deposit/Loans and/or Commercial Papers from the Promoters and/or others.
 

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