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Exchange Disseminated Time | Tube Investments of India Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 03, 2016, has approved fresh long-term borrowing, to meet the Company’s fund needs during FY 2016-17, for a sum not exceeding in the aggregate Rs.400 Crores, including by way of issue of privately placed secured nonconvertible debentures, in one or more tranches and approved the inclusion of an item in this regard in the Notice of the ensuing 67th Annual General Meeting of the Company for shareholders’ approval. |
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