|
Exchange Received Time  13/11/2018 20:56:57 Exchange Disseminated Time 13/11/2018 20:57:01 Time Taken 00:00:04 | This is further to our letter dated 02.11.2018, the Board of Directors in their meeting held today i.e. November 13, 2018 has inter-alia considered and approved raising of funds by way of issue of securities including but not limited to Equity Shares, and/or any other securities convertible into Equity Shares with or without warrant by way of public and/or private placement, through Qualified Institutional Placement (QIP)/ Rights Issue or through any other permissible mode and / or combination thereof as may be considered appropriate, subject to such approvals as may be required including the approval of the Members and further subject to such other statutory / regulatory approvals, if any, for an amount not exceeding Rs. 200 crores. The Board of Directors has authorised the Committee of Directors to exercise all actions with regard to and in furtherance to raising of funds through issue of securities. |
|
|