|
| Exchange Disseminated Time 24/12/2015 17:35:22 | Birla Corporation Ltd has informed BSE that the Board of Directors of the Company at its meeting held on December 23, 2015 has decided to convene a Postal Ballot for authorising the Company/empowering the Board of Directors to issue Non-Convertible Debt Securities on Private Placement Basis, within the overall borrowing limits of the Company, as approved by the members, from time to time, within a period of one year.
The said authorisation is to be used by the Company contingent upon the decision of the Board of Directors, if any, made in future pertaining to business proposals involving substantial outlay of funds. |
|
|