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| Exchange Received Time 10/08/2018 16:02:17 Exchange Disseminated Time 10/08/2018 16:02:24 Time Taken 00:00:07 | Subject: Outcome of the Board Meeting held on August 10, 2018
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 August 10, 2018 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 at the ensuing Annual General Meeting:
1. Redeemable Preference Shares to the Promoter/s on preferential basis; and/or
2. Non-Convertible Debentures in one or more tranches; and/or
3. Inter Corporate Deposit/Loans from the Promoters and/or others.
This is for your information and records please. |
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