Salem Erode Investments Ltd - 540181 - Intimation Of Creation Of Charge For Securing Issue And Allotment Of Redeemable Non-Convertible Secured Unlisted Debentures Of Rs. 66,00,000/- (Rupees Sixty Six Lakhs Only)
Pursuant to regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Board of Directors of Salem Erode Investments Limited ('the Company') vide meeting held on Friday, the 29th day of July, 2022 has approved creation of charge for securing the issue and allotment of 6,600 (Six Thousand Six Hundred) Redeemable Non-Convertible Secured Unlisted Debentures of face value of Rs. 1000/- (Rupees One Thousand Only) each, aggregating to an amount of Rs. 66,00,000/- (Rupees Sixty Six Lakhs Only) on private placement basis. Vistra ITCL (India) Limited is the Debenture Trustee and Charge holder of the Company for the aforesaid issue and allotment of Debentures.30-07-2022