This is further to our communication dated August 3, 2022, wherein the Board of Directors of the Company had approved the issuance of additional 250, secured, unlisted, redeemable, non-convertible debentures bearing face value of Rs. 10,00,000/- (Rupees Ten Lakh only) each on private placement basis, to the existing debentureholders, on the same terms and conditions as intimated in our outcome dated December 25, 2021.
In terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations, 2015'), we wish to inform that the Board of Directors of the Company at their meeting held today i.e., September 9, 2022, approved the allotment of 250 secured, unlisted, redeemable, non-convertible debentures of face value of Rs.10,00,000/- (Rupees Ten Lakh Only) aggregating to Rs. 25,00,00,000/- (Rupees Twenty Five Crores only), on private placement basis to Touchstone Trust Scheme II.
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