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| Exchange Received Time 08/12/2017 15:15:01 Exchange Disseminated Time 08/12/2017 15:15:08 Time Taken 00:00:07 | Pursuant to the provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the 'Listing Regulations'), we wish to inform you that at the meeting of the Board of Directors (the 'Board') of the Company held today, the Board has considered, inter-alia, the following businesses:
Accorded its in-principle approval for making investment upto 8% of paid up equity shares of Clean Solar Power (Jaipur) Private Limited, a wholly owned subsidiary of Hero Future Energies Private Limited i.e. at par value aggregating upto Rs. 2 crore, subject to applicable laws.
Authorised the Management Committee of the Board of Directors of the Company for taking all necessary actions regarding the above said investment in Clean Solar Power (Jaipur) Private Limited, subject to applicable laws.
Details regarding above referred investment in Clean Solar Power (Jaipur) Private Limited pursuant to Regulation 30 of the Listing Regulations are given in Annexure-A.
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