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Outcome of board meeting of HSIL

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Capital Market
Last Updated : May 24 2016 | 12:18 AM IST

At meeting held on 23 May 2016

HSIL announced that the Board of Directors of the Company at its meeting held on 23 May 2016, has approved the Postal Ballot notice for seeking consent of the Members to issue Non-Convertible Debentures (NCDs) under Section 42 and 71 of the Companies Act, 2013, read with rules thereof, through private placement upto Rs. 500 crore (including premium) in one or more tranches.

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First Published: May 23 2016 | 8:04 PM IST

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