Reliance Defence and Engineering Ltd - Proceedings Of The Extraordinary General Meeting Held On March 20, 2017

Members of RDEL at the EGM held on March 20, 2017 approved the following Resolutions 1. Re-classification of the Authorized Share Capital of the Company, with consequential amendments in the Memorandum of Association 2. Issue of Equity Shares aggregating upto Rs. 595 crore to CDR Lenders 3. Issue of Equity Shares aggregating upto Rs. 60 crore to Non-CDR Lenders 4. Issue of 0.10% Compulsorily Redeemable Preference Shares (CRPS') aggregating upto Rs 2300 crore 5. Issue of Secured Non Convertible Debentures aggregating upto Rs. 250 crore 6. Alteration of Articles of Association of the Company 7. Approval for availing loan with an option to convert into Equity Shares of the Company