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| Exchange Received Time 09/08/2018 21:32:25 Exchange Disseminated Time 09/08/2018 21:32:26 Time Taken 00:00:01 | In furtherance of our letter dated August 3, 2018, regarding notice of meeting of Board of directors of the Company we wish to inform that approval of the Board at this meeting is also being sought inter-alia, for the following
1. 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.
2. 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.
The aforesaid enabling resolution and resolution for issue OCDs is subject to approval of shareholders.
This is for your information and records.
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