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| Exchange Received Time 15/08/2018 00:24:37 Exchange Disseminated Time 15/08/2018 00:24:46 Time Taken 00:00:09 | Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that the Board of Directors of the Company at their meeting held on August 14 , 2018 have approved inter alia, the following and recommended for shareholders assent:
i. Raising of funds, up to Rs.2,500 Crore in one or more tranche(s), through issue of equity shares or equity linked instruments, debentures or any other securities as an enabling resolution as per the requirements of applicable laws; and
ii. Raising of funds, up to Rs.450 Crore in one or more tranche(s), through issue of optionally convertible debentures (OCDs) under Section 62 (3) of the Companies Act, 2013.
Kindly take the same on your record.
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