In continuation to our letter No. VEDL/Sec./SE/18-19/63 dated June 28, 2018 and pursuant to the provisions of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations') read together with Para A of Part A of Schedule III of the Regulations, we hereby inform that a meeting of the duly authorized Committee of Directors was held today i.e. July 3, 2018, from 3:30 pm to 4.00 pm for approving offering for subscription, on a private placement basis, up to 15,000 Secured, Rated, Non-Cumulative, Redeemable, Non-Convertible Debentures (NCDs) of face value Rs. 10,00,000/- each aggregating up to Rs. 1500 Crores in one or more tranches.