In furtherance to our letter dated June 29, 2018 regarding intimation of Debt Issuance Committee Meeting for raising Funds, we wish to inform you that the Debt Issuance Committee of the Company in its meeting held today i.e. 12th July,2018 passed the resolution to approve the allotment of 3,64,85,186 secured redeemable non-convertible debentures of face value of Rs. 1,000 each (NCDs) with regard to the Public Issue of NCDs with a Base Issue Size of Rs.1,00,000 lakhs with an option to retain oversubscription upto Rs.4,00,000 lakhs aggregating upto Rs.5,00,000 lakhs ('Shelf Limit'), ('Tranche- I Issue').
The meeting commenced at 7.45 p.m. and concluded at 8.15 p.m.
The said NCDs shall be listed on the BSE Limited and National Stock Exchange of India Limited.