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| Exchange Received Time 05/10/2017 18:54:24 Exchange Disseminated Time 05/10/2017 18:54:30 Time Taken 00:00:06 | Proposed placement of up to maximum of 30000000 Equity Shares of face value of Re 1/- each ('Equity Shares') of Sundaram Multi Pap Limited ('Issuer' or 'Company') to the Qualified Institutional Buyers ('QIBs') under Chapter VIII of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements') Regulations, 2009, as amended ('SEBI ICDR Regulations'), Section 42 and 62 of the Companies Act, 2013, read with Rule 14 of the Companies (Prospectus and Allotment of Securities) Rules, 2014 (the 'Issue' or 'Qualified Institutions Placement' or 'QIP')
This is to inform you that in continuation of our earlier correspondence with exchange, we would further like to inform you that the meeting of the Board of Directors of the company is scheduled to be held on Tuesday, October 10, 2017 in order to determine the issue price of QIP and the same is being intimated in compliance with Regulation 29 of SEBI (Listing and Disclosures Requirements) Regulations, 2015.
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