CAN FIN HOMES LTD. - 23/03/2017 - Proposal For Renewal/Revalidation Of Approval/Authorisations For Issue On Ncds On Private Placement Basis - Intimation Under Reg.29(1)(D) R/W 50 Of SEBI LODR,2015
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| 16 Mar 2017 | |
| A proposal for renewal/re-validation of approval/authorisations for borrowing upto Rs.3000 Cr. by way of issue of Non-convertible debentures (private placement) is being placed before the Board. The renewal/ revalidation of approval/authorisations are sought as required under `Housing Finance Companies issuance of NCDs on private placement basis (National Housing Bank) Directions, 2014. Further we wish to inform that the above approval (renewal) is within the borrowing limit upto Rs.3000 Cr. approved by the members for issue of NCDs on Private placement, at the 29th Annual General meeting of the Company held on 20/07/2016. This intimation is given pursuant to Regulation 29(1)(d) r/w Reg.50(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 | |
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