JUBILANT LIFE SCIENCES LIMITED - 530019 - Intimation Pursuant To Regulation 29, Regulation 50(1) And 60(2) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
We refer to our letter dated October 25, 2019 intimating about approval of the Composite Scheme of Arrangement by the Board of Directors of the Company. We wish to inform you that the Company has issued Non-Convertible Debentures ('NCDs') in January 2017 and September 2018. Pursuant to the terms of issue of NCDs, the Company had by letter dated November 15, 2019 sought No Objection Certificates from the NCD holders for the proposed Scheme. In response, the NCD holders have conveyed their willingness for early redemption of NCDs. We wish to inform you that the Capital Issue Committee shall, at its meeting scheduled to be held on Monday, December 30, 2019, consider to approve redemption of NCDs of the Company. Details of Record Date for redemption of NCDs and the date of redemption of NCDs are given in the enclosed disclosure.11-12-2019