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Vipul Ltd. - Outcome of Debenture Committee Meeting

By Religare

Vipul Ltd has informed BSE that the Debenture Committee of the Board of Directors at its meeting held on October 10, 2015 inter alia have accorded their consent on the followings with regard to proposed issue of Tranche/Series-2 of the Debt Instrument on private placement:

1. Tranche/Series-2 Disclosure Document for issuance of Non-Convertible Debentures (NCD), on private placement basis for Rs. 10,00,00,000/- (face value of Rs. 10,00,000/- each) on the terms inter-alia including Secured, Rated, Redeemable, Listed.

2. The Issue of Tranche/Series-2 will open and close on October 14, 2015.

3. Noted the ISIN obtained for the aforesaid series of the Non Convertible Debentures.

4. Listing of the aforesaid securities subsequent to allotment of the same.

Story first published: Monday, October 12, 2015, 23:00 [IST]
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