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Exchange Disseminated Time 24/05/2016 17:51:11 | With reference to the earlier latter dated May 19, 2016 regarding Board Meeting on May 27, 2016 for considering and approving Annual Audited Accounts for the Financial Year ended March 31, 2016, Jaiprakash Power Ventures Ltd has now informed BSE that the Board in the said meeting to be held on May 27, 2016, inter-alia, to consider a proposal for seeking shareholders’ approval by way of an enabling Resolution for fund raising through FCCBs/QIPs/ECBs with rights of conversion into equity shares, etc. for meeting capital expenditures of the Company and that of its subsidiaries, redemption of existing outstanding FCCBs, repayment of other debts and for general corporate purposes. |
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