Corporate Announcement
Security Code : 500148    Company : UFLEX    
 
Outcome of Board MeetingDownload PDF
  Exchange Disseminated Time     25/11/2016 19:59:19
Uflex Ltd has informed BSE that the Board of Directors of the Company at its meeting held on November 25, 2016, has :

- Subject to necessary approvals, approved the issuance of Redeemable Non-Convertible Secured Debentures (NCDs) / Bonds upto an amount of Rs. 650 crore on Private Placement basis pursuant to Provisions of Section 42 and 71 of the Companies Act, 2013. The Board also authorized the existing Committee of Directors to decide tens and conditions of NCDs / Bonds including allotment of NCDs / Bonds and to do all such acts, deeds, things as may be required in this behalf.
 

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