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| Exchange Disseminated Time 20/05/2017 18:36:42 | In continuation of the earlier letter dated May 15, 2017. with respect to meeting of the Board of Directors of the Company scheduled to be held on May 24, 2017, Adani Ports and Special Economic Zone Ltd has now informed BSE that Board of Directors at the meeting, inter-alia, will also consider to recommend the following:
1. To raise funds by issue of Equity Shares / convertible Bonds through Qualified Institutional Placement (QIP) / GDR / ADR / FCCBs / FCEBs / Convertible Securities.
2. To issue Secured / Unsecured Redeemable Non-Convertible Debentures on private placement basis.
3. To issue Bonds which may be issued in one or more tranches, in India or overseas, and that may be listed in any one or more stock exchanges in India or overseas, provided that the total amount does not exceed USD 1.5 billion on private placement basis or otherwise, to any persons, entities, bodies corporate, companies, banks, financial institutions and any other categories of eligible investors permitted to invest in the Bonds under applicable laws (the "Securities").
4. To recommend final dividend, if any on the equity shares of the Company for the Financial Year 2016-17.
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company will have Analyst/ Investor Meet in on May 24, 2017 to discuss the financial performance of the Company. |
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