At meeting held on 30 March 2016
Panyam Cements & Mineral Industries announced that the Board of Directors of the Company at its meeting held on 30 March 2016 has considered and allotted the Non Convertible Debentures pursuant to Sections 42, 71 and other applicable provisions, if any, of the Companies Act, 2013 to the following entities:1. EW India Special Assets Fund - 266 Non Convertible Debentures of the face value of Rs. 10,00,000/- each aggregating to Rs. 26,60,00,000/- and
2. Ecap Equities - 66 Non-Convertible Debentures of the face value of Rs. 10,00,000/- each aggregating to Rs. 6,40,00,000/-.
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