This is to inform you that the Board of Directors of the Company at their meeting held today has approved the issuance of Secured Redeemable Unlisted Non-Convertible Debentures (NCDs) amounting to Rs. 1 400 Crore on a private placement basis being proposed to be allotted in one or more tranches/series to eligible investors permitted to invest in NCDs under applicable law. The Board has further authorized the Management Administration and Share Transfer Committee (MAS Committee) of the Board to allot NCDs to eligible investors and to take all such steps which are incidental and ancillary to the issuance of the NCDs.
Please treat this information/ intimation as required under Regulation 30 of the SEBI Listing Regulations.
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