SANGHI INDUSTRIES LTD. - 526521 - Announcement under Regulation 30 (LODR)-Raising of Funds
Pursuant to the provisions of Regulation 30 of 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. 305 Crore (Rupees Three Hundred Five 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.29-01-2021