Corporate Announcement
Security Code : 512599    Company : ADANIENT    
 
Outcome of Board Meeting 
  Exchange Disseminated Time     
Adani Enterprises Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 04, 2016, has also accorded approval for seeking approval of the shareholders at the ensuing Annual General Meeting -

i. to raise funds by issue of Equity Shares / convertible Bonds through Qualified Institutional Placement [QIP] / GDR / ADR / FCCBs / FCEBs / Convertible Securities for an aggregate amount upto Rs. 6,000 Crores and

ii. to issue Secured / Unsecured Redeemable Non-Convertible Debentures on private placement basis within the overall borrowing limits of the Company.

In the period of next twelve months through private placement mode.
 

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