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| Exchange Received Time 27/07/2018 12:33:36 Exchange Disseminated Time 27/07/2018 12:33:39 Time Taken 00:00:03 | At the Meeting of the Board of Directors of the Company concluded today at 12.15 p.m., the proposal for issue of equity shares of the face value of ? 10/- each of the Company to the existing shareholders of the Company on a rights basis ('Rights Issue') upto ? 3,000 Crore was approved subject to all applicable statutory and regulatory approvals
The terms and conditions of the Rights Issue including the rights entitlement ratio, the issue price, issue size, record date, timing of the issue and other matters shall be decided in consultation with the Merchant Bankers to the Rights Issue at a separate meeting to be held subsequently
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