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Spandana Sphoorty Financial Ltd - Outcome Of The Management Committee Of The Board Of Directors Meeting Held On November 25,<BR> 2020.
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25 Nov 2020
The Management Committee of the Board of Directors of the Company at their meeting held on Wednesday, November 25, 2020 has, pursuant to the authority entrusted by the resolution of Board of Directors dated June 14, 2018 and within the limits as approved by the Members of the Company vide Special Resolution passed through Postal Ballot on July 17, 2020,on Private Placement basis, in accordance with the provisions of Sections 42 and 71 of the Companies Act, 2013 and the applicable provisions of Securities and Exchange Board of India (Issue and&lt;BR&gt; Listing of Debt Securities) Regulations, 2008 (&apos;SEBI ILDS Regulations&apos;) inter-alia approved the issuance of&lt;BR&gt; upto 600 (Six Hundred) number of Rupee Denominated, Rated, Listed, Senior, Secured, Transferable, Taxable,&lt;BR&gt; Redeemable, Non-Convertible Debentures of face value Rs. 10,00,000/- (Rupees Ten Lakh only) each,&lt;BR&gt; aggregating upto Rs. 60,00,00,000/- (Rupees Sixty Crore).
View all announcements for Spandana Sphoorty Financial Ltd Source: BSE India