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| Exchange Received Time 31/05/2018 13:31:14 Exchange Disseminated Time 31/05/2018 13:31:22 Time Taken 00:00:08 | Further to our letter dated 30th May, 2018 with regard to the outcome of the Board meeting, and in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that the Company has approved the Inter corporate Loans and Investments in excess of Prescribed Limits, but not exceeding Rs 170,00,00,000/-(Rupees One Hundred and Seventy Crores Only) subject to approval of the shareholders in the ensuing Annual General Meeting of the Company under Section 186 of the Companies Act, 2013.
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