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| Exchange Disseminated Time 12/08/2016 16:14:04 | Parsvnath Developers Ltd has informed BSE that the Board of Directors at its meeting held on August 12, 2016, has inter alia, approved the issuance of Non - Convertible Debentures (NCDs) amounting to Rs. 46,35,00,000 (Rupees Forty Six Crores Thirty Five Lac only) on Private Placement basis.
Further the Company has informed that, the Board of Directors has also decided to, inter alia, defer the matter regarding recommendation of issuance of NCDs on private placement basis, to the members of the Company for their approval at the forthcoming Annual General Meeting, to the next meeting scheduled to be held on August 20, 2016.
The aforesaid Board Meeting commenced at 11.30 a.m. and concluded at 3.15 p.m. |
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