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| Exchange Received Time 29/05/2019 13:42:27 Exchange Disseminated Time 29/05/2019 13:42:36 Time Taken 00:00:09 | Pursuant to the requirements of provisions of Regulation 30, and Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing Regulations"), we wish to inform you that the meeting
of the Committee of Directors of the Company was held today i.e. Wednesday, May 29, 2019 to approve the offer and issuance of up to 100,00,000 Cumulative Compulsorily Redeemable Non-Convertible Preference Shares ("CRPS") of face value of Rs. 100 at par aggregating to a nominal
amount of up to Rs. 100,00,00,000 on a private placement basis at the dividend rate of 7.95% p.a. payable annually.
We will also submit the information memorandum for upload on your website, by way of a separate letter, and will also be uploading the information memorandum, on the Company''s
website i.e. www.ltfs.com.
The meeting of the Committee commenced at 1.00 pm and concluded at 1.30 pm. |
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