Pursuant to provisions of Regulation 29 of the SEBI (Listing Obligation and Disclosures Requirements) Regulation, 2015, we hereby inform that the meeting of the Finance and Investment Committee will be held on Monday, 20th March, 2017 to consider and approve allotment of Non-convertible Debentures amounting to Rs. 50/- Crores only on Private Placement basis, pursuant to special resolution passed by the shareholders of the Company at the 10th Annual General Meeting held on 28th September, 2016.