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. May 18, 2017, has inter ? alia approved an issue of Rated, Listed, Secured, Redeemable, Non-Convertible Debentures of INR 50,00,00,000/- (Indian Rupees Fifty Crores) plus Green Shoe Option of INR 50,00,00,000/- (Indian Rupees Fifty Crores) on private placement basis.