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| Exchange Received Time 19/09/2017 17:07:05 Exchange Disseminated Time 19/09/2017 17:07:10 Time Taken 00:00:05 | Ref: Intimation with respect to allotment of Non-Convertible Debentures (NCD's)
Dear Sirs,
This is further to our intimation dated September 09, 2017, with respect to issuance of Unlisted, Secured, Redeemable, Non-Convertible Debentures of Rs. 57,00,00,000/-(Rs. Fifty seven Crore) on Private Placement basis.
In this regard, we wish to inform you that the Allotment Committee constituted by the Board of Director of the Company vide Resolution passed by the Circulation on September 18, 2017 inter-alia approved the allotment of 5700 Secured, Unlisted, Redeemable, Non-Convertible Debentures having face value of Rs. 1,00,000/- (Rs. One Lakh only) aggregating to Rs. 57,00,00,000 (Rs. Fifty Seven Crore only) on private placement basis.
This is for your information and record.
Thanking you,
Yours faithfully,
ForWalchandnagar Industries Ltd.
G. S. Agrawal
Vice President (Legal & Taxation) & Company Secretary
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