At meeting held on 29 May 2014
Hindustan Dorr-Oliver announced that the Board of Directors of the Company at their meeting held on 29 May 2014 interalia, have approved the following subject to the approval of the shareholders and other necessary regulatory approvals whatever required -To raise funds for the Company and /or for its Indian/Overseas Subsidiaries by way of issue of securities, including Global Depository Receipts (GDRs) and or American Depository Receipts (ADRs) convertible into equity shares, or any instrument or securities representing convertible securities such as convertible debentures, bonds or warrants etc., convertible into equity shares, in one or more tranches in Indian or Foreign Markets(s) as applicable, whether optionally or otherwise or any combination thereof up to an aggregate amount not exceeding Rs 100 crore.
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