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| Exchange Received Time 31/01/2018 16:56:17 Exchange Disseminated Time 31/01/2018 16:56:22 Time Taken 00:00:05 | Further to our letter dated 31st January, 2018, we are hereby furnishing the details of the Split of Shares as required pursuant to Regulation 30(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Consequently, the Board has decided to seek the approval of the Shareholders' through Postal Ballot Process for the below mentioned purposes:-
1.Raising of funds by further issue of securities by way of Preferential Issue / Qualified Institutions Placement / Foreign Currency Convertible Bonds/Foreign Currency Exchangeable Bonds/American Depository Receipts/Global Depository Receipts//Public Issue/Rights Issue/Debt Issue for an aggregate amount not exceeding Rs. 500 crores;
2.The proposed Sub-division of equity shares of the Company and the Alteration of Capital Clause in the Memorandum of Association.
Kindly take the same on your record and oblige.
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