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Exchange Disseminated Time | Cadila Healthcare Ltd has informed BSE that the Board of Directors of the Company at its meeting held on May 13, 2016 has considered and approved in-principle, the following fund raising proposals, which are subject to approval of the members at the ensuing Annual General Meeting :
1. to issue Equity Shares / convertible Bonds through Qualified Institutional Placement [QIP] / GDR / ADR / FCCBs / FCEBs / Convertible Securities 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. 3,500 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. 5,000 crores. |
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