SANGHI INDUSTRIES LTD. - 526521 - Board Meeting Outcome for Outcome Of Board Meeting For Raising Of Funds By Issue Of Non Convertible Debentures.
Pursuant to the provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 we wish to inform you that the Board of Directors of the Company at their meeting held today have accorded its consent to the proposed issue of redeemable non-convertible debentures (NCDs) upto Rs. 500 Crore (Rupees Five Hundred Crores Only) in one or more tranches on private placement basis. Further the Board of Directors have also authorized a Committee of Directors to consider and approve the quantum, terms and conditions and other ancillary matters as may be required for issue of NCDs. The Board Meeting commenced at 10.00 A.M. and concluded at 11.05 A.M.11-11-2022