We wish to inform you that, the Debenture Committee constituted by the Board of Directors of the Company at its meeting held today i.e. June 23, 2017, has inter ? alia approved an issue of Rated, Listed, Secured, Redeemable, Non-Convertible Debentures of INR 25,00,00,000/- (Indian Rupees Twenty Five Crores) plus Green Shoe Option of INR 25,00,00,000/- (Indian Rupees Twenty Five Crores) on private placement basis.