Intimation Of Meeting Of Committee Of Directors, Proposed To Be Held On July 3, 2018 To Consider Offering Of Rated, Secured, Redeemable, Non-Cumulative, Non-Convertible Debentures Aggregating Upto Rs. 1500 Crores In One Or More Tranches

• Security Code: 500295
• Company: VEDL

We would like to inform you that the Company proposes to offer Rated, Secured, Redeemable, Non-Cumulative, Non-Convertible Debentures aggregating upto Rs. 1500 crores in one or more tranches, and in this regard is holding a meeting of its duly constituted Committee of the Directors on July 3, 2018. The above issuance is pursuant to the approval of the Shareholders passed vide Special Resolution at the 52nd Annual General Meeting of the Company held on July 14, 2017 and the Board of Directors' resolution passed at their meeting held on January 31, 2018 and June 26, 2018.

This intimation is being issued pursuant to Regulation 29(1) and (2), Regulation 50(2) and (3) read with Regulation 63 of the of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Requesting you to kindly take the above on record.