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| Exchange Disseminated Time | Indian Terrain Fashions Ltd has informed BSE that the Board of Directors of the Company at its meeting held on December 18, 2014, has considered and approved the following:
1. Raising of funds for an amount not exceeding Rs. 75 crores through issuance of securities including equity shares and / or other securities convertible into equity shares, including through public issue and / or on a private placement basis and / or preferential issue and / or any other kind of issue and / or placement as may be permitted under applicable law from time to time, including through a qualified institutions placement ("QIP") under the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 (the "SEBI ICDR Regulations") and / or through depository receipts including American Depository Receipts ("ADRs"), Global Depository Receipts ("GDRs") and / or Convertible Debentures including Foreign Currency Convertible Bonds ("FCCBs"), Partly Convertible Debentures ("PCDs"), Optionally Convertible Debentures ("OCDs") and/or other securities convertible into or exchangeable for Equity Shares and in such manner and on such price, terms and conditions as may be determined by the Board or a duly appointed committee of the Board in accordance with the SEBI ICDR Regulations and / or other applicable provisions of the law.
2. Convening an extra-ordinary general meeting of the members of the Company on January 12, 2015 for considering and obtaining the authority / approval of the members for raising funds by way of any of the options mentioned above. |
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