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| Exchange Received Time 29/08/2018 10:19:37 Exchange Disseminated Time 29/08/2018 10:19:42 Time Taken 00:00:05 | At the meeting of the Board of Directors of the Company held today i.e. August 29, 2018, the Board of Directors have considered and approved:
1.issuance of 30,800,000 (Three Crores Eight Lakhs) equity shares at a price of Rs. 32.35/- (Rupees Thirty Two And Thirty Five Paise Only) per equity share including premium of Rs. 30.35/- (Rupees Thirty And Thirty Five Paise Only) per equity share, which is higher than the issue price determined in accordance with Regulation 76 of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended, aggregating to Rs. 996,380,000/- (Rupees Ninety Nine Crores Sixty Three Lakhs Eighty Thousand Only) on preferential basis to Hathway Investments Private Limited, an entity forming part of promoter group and;
2.private placement offer cum application letter along with the annexures in Form PAS-4 to be issued to Hathway Investments Private Limited, an entity forming part of promoter group.
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