In continuation to our letters dated September 29, 2020 and October 5, 2020 and pursuant to the provisions of Regulation 30(2) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Regulations'), we wish to inform you that the Board of Directors of the Company, today, approved by way of resolution passed by circulation allotment of 500 secured redeemable non-cumulative listed rated non-convertible principal protected market linked debentures of face value of Rs. 10,00,000 (Rupees Ten Lakh) each, at par, aggregating up to Rs. 50 crores ('Non- Convertible Debentures'), fully paid on a private placement basis.<BR> <BR> The said NCDs carry tenure of 15 months and the due date of redemption is January 7, 2022.<BR> <BR> You are requested to kindly take the same on record and inform all concerned.<BR> <BR> Thanking You.<BR>
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