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| Exchange Received Time 03/12/2018 18:43:30 Exchange Disseminated Time 03/12/2018 18:43:38 Time Taken 00:00:08 | ALEMBIC PHARMACEUTICALS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 06/12/2018 ,inter alia, to consider and approve Please note that the Board of Directors at their meeting held on 10th September, 2018 had approved the Issue of Unsecured Listed Non-Convertible Debentures (NCDs) of upto Rs. 300 Crores on Private Placement Basis. However, due to sudden and steep increase in the interest rates, the Company did not issue any NCDs.
Now, the meeting of Board of Directors of the Company will be held on Thursday, 6th December, 2018, inter-alia to consider and approve a fresh proposal for issue of Non-Convertible Debentures on Private Placement Basis, superceding the earlier resolution.
Kindly take the same on record.
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