We hereby inform that a meeting of the Securities Issuance and Investment Committee of the Board of Directors was held on May 8, 2024, wherein the Committee inter alia considered and approved the public issue by the Company of Secured Redeemable non-convertible debentures of face value of INR 1,000 each, for an amount upto INR 100 Crore (Base Issue Size), with an option to retain oversubscription upto INR 100 Crore, aggregating up to INR 200 Crore (Tranche VI Issue Limit), which is within the self limit of INR 2,000 Crore.
Additionally, the Committee also approved Tranche VI Prospectus dated May 8, 2024 which have been filed with Registrar of Companies, Delhi and Haryana, the Securities and Exchange Board of India, National Stock Exchange of India Limited and BSE Limited.
For details, refer attachment.
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