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Exchange Received Time  21/09/2017 19:18:33 Exchange Disseminated Time 21/09/2017 19:18:35 Time Taken 00:00:02 | In compliance with the Regulation 29 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we would like to inform you that the next Meeting of the Board of Directors of the Company will be held on 26th September, 2017, inter alia to consider and approve the following Agenda Items: 1.Issue of Optionally Convertible Debentures (OCDs) on Preferential Basis to the Lenders of the Company comprising of Banks and Financial Institutions, against the conversion of part of their outstanding Debts pursuant to the implementation of the Scheme for Sustainable Structuring of Stressed Assets (S4A) that is SPML S4A Scheme; 2.Convening an Extraordinary General Meeting of the Company to approve the issuance of the OCDs of the Company on Preferential Basis to the Lenders of the Company 3.Fixing the cutoff date. Further, in terms of the provisions of Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in the equity shares of the Company shall remain closed with immediate effect till 28th September, 2017. |
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