Subject to the approval of the shareholders of the Company at the ensuing AGM and subject to such regulatory/statutory approvals as may be required the Board at its meeting today also approved raising of funds inter alia by issue of equity shares any financial instruments and/or security convertible into-equity shares combination of such securities by way of one or more public and/or private offerings qualified institutions placements and/or preferential allotments and/or rights offering or any combination thereof or any other method in accordance with the provisions of applicable laws for an aggregate consideration of up to Rs. 1000 crores.
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