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| Exchange Disseminated Time 30/04/2016 11:30:42 | With reference to the earlier letter dated April 25, 2016, Cadila Healthcare Ltd has now informed BSE that the Board of Directors [the Board] at its meeting to be held on May 13, 2016, will also consider the following proposals for raising funds / issuance of securities, which will be subject to approval of the members:
1. to raise funds by issue of Equity Shares / convertible Bonds / Debentures through Qualified Institutional Placement [QIP] / GDR / ADR for an aggregate amount upto Rs. 10,000 Crores,
2. to issue Secured / Unsecured Redeemable Non-Convertible Debentures on private placement basis for an amount upto Rs. 3500 Crores in the Financial Year 2016-17, and
3. to issue Secured / Unsecured Foreign Currency Rated Bonds / Foreign Currency Convertible Bonds for an amount upto Rs. 5000 Crores. |
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