Board of Capri Global Capital approves sub-division of shares

At meeting held on 08 October 2016

Capri Global Capital announced that the Board of Directors of the Company at its meeting held on 08 October 2016, inter alia, has approved the following:

1. Issue of Non-convertible Debentures to the extent of Rs. 500 crore on Private Placement basis; and

2. Sub-division of equity shares of face value of Rs. 10/- each into equity shares of face value of Rs. 2/- each.

3. Issue of Commercial Paper upto Rs. 300 crore.

The (1) and (2) above are subject to approval of the Shareholders of the Company.

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