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| Exchange Received Time 29/09/2017 20:06:29 Exchange Disseminated Time 01/10/2017 18:00:23 Time Taken 21:53:54 | This has reference to and is in furtherance of our letter dated September 21, 2017.
We wish to inform that the Company has decided to raise upto Rs 2,000 crores, through issue of its equity shares to its existing shareholders on rights basis (Rights Issue), to meet the funding requirements and to support future growth of consumer finance and assets reconstruction businesses carried out by the Company, through its subsidiary companies. In compliance with applicable regulations, the Company has filed, today, a Draft letter of offer with the Securities and Exchange Board of India, BSE Limited and National Stock Exchange of India Limited
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