Indian Hotels Company Ltd has informed BSE that regarding the proposal of the Rights Issue Committee - 2014 of the Company (the "Committee") to consider and approve on July 9, 2014, inter alia the Record Date, Issue Schedule (i.e. Issue Opening/ Closing date) and the draft of the Letter of Offer in relation to the issue of the compulsorily convertible debentures (the CCDs), by way of rights issue, to the existing shareholders of the Company on the Record Date for an amount aggregating upto Rs. 1,000 crores in accordance with the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended and other applicable laws.
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