Held on 07 May 2015
Orient Green Power Company announced that the Board of Directors of the Company at its meeting held on 07 May 2015, has approved further issue of securities upto Rs. 500 crore through Domestic/ international offerings by way of Foreign Currency Convertible Bonds (FCCB) and any other instruments, to Indian or Foreign Institutional Investors/ Foreign Mutual Funds/ Overseas Corporate Bodies/Foreigners/other Foreign parties/ Indian Financial Institutions/ Alternative Investment Funds/ Qualified Institutional Buyers/ Companies/ individuals/ other persons or investors, whether or not they are members of the Company, etc., pursuant to Section 62(1)(c) of the Companies Act, 2013, subject to approval of the shareholders at the ensuing General Meeting, and subject to such other approvals as may be required.Powered by Capital Market - Live News