Salem Erode Investments Ltd - 540181 - Intimation Of Outcome Of Board Meeting Held On 09Th February, 2022, To Consider Offering For Subscription Of Non-Convertible Debentures (NCD'S) Aggregating Upto Rs. 2,36,00,000/- (Rupees Two Crores Thirty -Six Lakhs Only) On Private Placement Basis.
In furtherance to our letter dated 04th February, 2022 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') read together with Para A of Part A of Schedule III of the Regulations, we hereby inform that a meeting of the Board of Directors was held today from 04.00 p.m. to 04.15 p.m. approving offering for subscription, on a private placement basis, upto 23,600 Unlisted, Unrated, Secured, Redeemable, Non-Convertible Debentures (NCD's) of face value of Rs. 1,000/- each, at par, aggregating upto Rs. 2,36,00,000/- (Rupees Two Crores Thirty-Six Lakhs only). Kindly disseminate the said information into your records.09-02-2022