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Indian Hotels Co Ltd

You are Here : Home > Markets > CompanyInformation > Board Meeting
BSE Code : 500850 | NSE Symbol : INDHOTEL | ISIN : INE053A01029 | Industry : Hotels & Restaurants |


Board Meeting
Announcement Date Date Of Meeting Purpose Detail
31-Oct-2024 07-Nov-2024 Quarterly Results INDIAN HOTELS CO.LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/11/2024 ,inter alia, to consider and approve Pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that a Meeting of the Board of Directors of the Company will be held on November 7, 2024 to consider inter-alia, the Un-Audited (Reviewed) Standalone and Consolidated Financial Results along with the Limited Review Report thereon for the quarter / half year ended September 30, 2024. Further to our letter dated October 31, 2024, the Board of Directors of the Company at its meeting held earlier today, in terms of the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, inter-lia, considered and took on record the Un-audited (Reviewed) Standalone and Consolidated Financial Results along with the Limited Review Report thereon for the quarter / half year ended September 30, 2024. The meeting commenced at 2:00 p.m. and concluded at 4:30 p.m. Further to our letter dated October 31, 2024, the Board of Directors of the Company at its meeting held earlier today, in terms of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, inter-alia, considered and took on record the Un-audited (Reviewed) Standalone and Consolidated Financial Results along with the Limited Review Report thereon for the quarter/half year ended September, 2024. The meeting commenced at 2:00 p.m. and concluded at 4:30 p.m (As per BSE Announcement Dated on 07/11/2024)
15-Jul-2024 19-Jul-2024 Quarterly Results INDIAN HOTELS CO.LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 19/07/2024 inter alia to consider and approve Pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 we wish to inform you that a Meeting of the Board of Directors of the Company will be held on July 19 2024 to consider inter-alia the Unaudited (Reviewed) Standalone and Consolidated Financial Results along with the Limited Review Reports thereon for the quarter ended June 30 2024. Further pursuant to the Code of Conduct for Prevention of Insider Trading the Company has intimated its Designated Employees regarding the closure of trading window from June 24 2024 and the same shall reopen 48 hours after the results are made public. Further to our letter dated July 15, 2024 the Board of Directors of the Company at its meeting held earlier today, inter alia, considered and took on record the Un-audited (Reviewed) Standalone and Consolidated Financial Results, in terms of the Regulation 33 of SEBI (LODR) Regulations, 2015, along with the Limited Review Report thereon for the quarter ended June 30, 2024. The meeting commenced at 2:00 p.m. and concluded at 4:00 p.m (As per BSE Announcement Dated on 19/07/2024)
16-Apr-2024 24-Apr-2024 Accounts INDIAN HOTELS CO.LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 24/04/2024 inter alia to consider and approve The Audited Standalone and Consolidated Financial Results for the year ended March 31 2024 Recommendation of dividend for the financial year 2023/24 if any. Pursuant to the applicable provisions of the Tata Code of Conduct for Prevention of Insider Trading the Company has intimated its Designated Persons regarding the closure of the Trading Window from March 25 2024 for the purpose of adoption of the Audited Annual Financial Statements of the Company for the financial year ended March 31 2024. The Trading Window shall re-open for trading 48 (forty-eight) hours from the date the said Results are made public. Audited Results & Final Dividend (As per BSE Bulletin dated on 16/04/2024) The Board of Directors of the Company at their meeting held earlier today, approved the Audited Financial Results (Standalone and Consolidated) for the Financial Year ended March 31, 2024, along with the Auditor''s Report thereon and recommended a dividend of Rs 1.75/- per Equity Share of Rs 1/- each fully paid up of the Company @ 175 % subject to the approval of the Members at the forthcoming Annual General Meeting of the Company. (As Per BSE Announcement Dated on: 24/04/2024)
24-Jan-2024 01-Feb-2024 Quarterly Results INDIAN HOTELS CO.LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 01/02/2024 inter alia to consider and approve Pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 we wish to inform you that a Meeting of the Board of Directors of the Company will be held on February 1 2024 to consider inter-alia the Un-Audited (Reviewed) Standalone and Consolidated Financial Results along with the Limited Review Report thereon for the quarter / nine months ended December 31 2023. Further pursuant to the Code of Conduct for Prevention of Insider Trading the Company has intimated its designated employees regarding the closure of the Trading Window from December 25 2023 and the same shall re-open 48 hours after the results are made public. Further to our letter dated January 24, 2024, the Board of Directors of the Company at its meeting held earlier today, inter-alia, considered and took on record, the Un-Audited (Reviewed) Standalone & Consolidated Financial Results along with the Limited Review Report thereon for the quarter/nine months ended December 31, 2023. Enclosed is the copy of the said financial results of the Company and the Limited Review Report, being forwarded to you, in terms of Regulation 33 of SEBI LODR, 2015. (As Per BSE Announcement dated on 01.02.2024)
19-Oct-2023 27-Oct-2023 Quarterly Results INDIAN HOTELS CO.LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/10/2023 inter alia to consider and approve Pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 we wish to inform you that a Meeting of the Board of Directors of the Company will be held on October 27 2023 to consider inter-alia the Un-Audited (Reviewed) Standalone and Consolidated Financial Results along with the Limited Review Report thereon for the quarter / half year ended September 30 2023. Further pursuant to the Code of Conduct for Prevention of Insider Trading the Company has intimated its designated employees regarding the closure of the Trading Window from September 24 2023 and the same shall re-open 48 hours after the results are made public. Further to our letter dated October 19, 2023, the Board of Directors of the Company at its meeting held earlier today, inter-alia, considered and took on record the Un-audited (Reviewed) Standalone and Consolidated Financial Results along with the Limited Review Report thereon for the quarter / half year ended September 30, 2023 Further to our letters dated October 19, 2023 and October 23, 2023 respectively, the Board of Directors of the Company at its meeting held earlier today, transacted the following business: 1. Financial Results 2. Acquisition of 2,59,000 equity shares of Piem Hotels Limited (Piem Hotels), a subsidiary of the Company, held by New Vernon Private Equity Limited (New Vernon) (representing 6.80% of the paid-up equity share capital of Piem Hotels), by way of a combination of share swap and cash 3. Acquisition of 10,718 equity shares of Piem Hotels held by Tata Investment Corporation Limited (TICL) (representing 0.28% of the paid-up equity share capital of Piem Hotels), by way of a share swap 4. Issuance of equity shares on a preferential basis to New Vernon and TICL, for consideration other than cash 5. Seeking approval of shareholders for issuance of equity shares on a preferential basis through Postal Ballot (e-voting only) In compliance with the disclosure requirements under Regulation 30 of the SEBI LODR, this is to inform you that the Board at its meeting held today, approved the appointment of Mr. Ankur Dalwani as the Chief Financial Officer (Designate) of the Company w.e.f. December 1, 2023, who would later take over as Whole-time Chief Financial Officer from Mr. Giridhar Sanjeevi, effective July 1, 2024 Pursuant to Regulation 30 of SEBI Listing Regulations, the Board of Directors of the Company at its meeting held earlier today approved the following: 1. Acquisition of 2,59,000 equity shares of Piem Hotels Limited (Piem Hotels), a subsidiary of the Company, held by New Vernon Private Equity Limited (representing 6.80% of the paid up equity share capital of Piem Hotels) by way of a combination of share swap and cash. 2. Acquisition of 10,718 equity shares of Piem Hotels held by Tata Investment Corporation Limited (representing 0.28% of the paid up equity share capital of Piem Hotels), by way of a share swap. Further to our letter dated October 23, 2023, the Board of Directors of the Company at its meeting held earlier today, transacted the following business: 1. Issuance of equity shares on a preferential basis to New Vernon and TICL, for consideration other than cash. 2. Seeking approval of Shareholders for issuance of equity shares on a preferential basis through postal ballot (e-voting only) (As per BSE Announcement Dated on 27/10/2023)
20-Jul-2023 27-Jul-2023 Quarterly Results INDIAN HOTELS CO.LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/07/2023 inter alia to consider and approve the Un-Audited (Reviewed) Standalone and Consolidated Financial Results along with the Limited Review Reports thereon for the quarter ended June 30 2023. Further to our letter dated July 20, 2023, the Board of Directors of the Company at their meeting held earlier today, inter-alia, considered and took on record the Un-audited (Reviewed) Standalone and Consolidated Financial Results along with the Limited Review Report thereon for the quarter ended June 30, 2023. The meeting commenced at 2.00 p.m. and concluded at 4:30 p.m. Pursuant to Regulation 30 of SEBI LODR Regulations, 2015 we wish to inform you that the Board of Directors of the Company at its meeting held today granted in-principle approval for the following proposals: 1. Acqusition in Pamodzi Hotels PLC 2. To enter into a lease agreement for proposed hotel in Frankfurt, Germany (As per BSE Announcement Dated on 27/07/2023)
20-Apr-2023 27-Apr-2023 Accounts INDIAN HOTELS CO.LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/04/2023 inter alia to consider and approve Pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 we wish to inform you that a Meeting of the Board of Directors of the Company will be convened on April 27 2023 for considering the following matters: The Audited Standalone and Consolidated Financial Results for the year ended March 31 2023 Recommendation of dividend for the financial year 2022/23 if any Pursuant to the applicable provisions of the Tata Code of Conduct for Prevention of Insider Trading the Company has intimated its Designated Persons regarding the closure of the Trading Window from March 25 2023 for the purpose of adoption of the Audited Annual Financial Statements of the Company for the financial year ended March 31 2023. The Trading Window shall re-open for trading 48 (forty-eight) hours from the date the said Results are made public. Approval of the Audited Financial Results (Standalone and Consolidated) for the Financial Year ended March 31, 2023 along with the Auditor's Report thereon and Recommendation of dividend of 1/- per Equity Share of 1/- each fully paid up of the Company @ 100 % (As Per BSE Announcement Dated on 27.04.2023)
23-Jan-2023 31-Jan-2023 Quarterly Results INDIAN HOTELS CO.LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 31/01/2023 inter alia to consider and approve Pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 we wish to inform you that a Meeting of the Board of Directors of the Company will be held on January 31 2023 to consider inter-alia the Un-Audited (Reviewed) Standalone and Consolidated Financial Results along with the Limited Review Reports thereon for the quarter / nine months ended December 31 2022. Further pursuant to the Code of Conduct for Prevention of Insider Trading the Company has intimated its designated employees regarding the closure of the Trading Window from December 25 2022 and the same shall re-open 48 hours after the results are made public. We refer to our letter dated January 23, 2023. A Meeting of the Board of Directors of the Company was held earlier today, at which meeting the Board inter-alia, considered and took on record the Un-audited (Reviewed) Standalone and Consolidated Financial Results along with the Limited Review Report thereon for the quarter/ nine months ended December 31, 2022. Enclosed is a copy of the said financial results of the Company and the Limited Review Report, being forwarded to you, in terms of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The said results shall be published in one English and one vernacular newspaper as required. The meeting commenced at 2.00 p.m. and concluded at 4.30 p.m. We refer to our letter dated January 23, 2023. A Meeting of the Board of Directors of the Company was held earlier today, at which meeting the Board inter-alia, considered and took on record the Un-audited (Reviewed) Standalone and Consolidated Financial Results along with the Limited Review Report thereon for the quarter/ nine months ended December 31, 2022. Enclosed is a copy of the said financial results of the Company and the Limited Review Report, being forwarded to you, in terms of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The said results shall be published in one English and one vernacular newspaper as required. The meeting commenced at 2.00 p.m. and concluded at 4.30 p.m. (As Per BSE Announcement Dated on 31.01.2023)
01-Nov-2022 10-Nov-2022 Quarterly Results INDIAN HOTELS CO.LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/11/2022 inter alia to consider and approve Pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 we wish to inform you that a Meeting of the Board of Directors of the Company will be held on November 10 2022 to consider inter-alia the Un-Audited (Reviewed) Standalone and Consolidated Financial Results along with the Limited Review Report thereon for the quarter / half year ended September 30 2022. Further pursuant to the code of Conduct for Prevention of Insider Trading the Company has intimated its designated employees regarding the closure of the Trading Window from September 24 2022 and the same shall re-open 48 hours after the results are made public. We refer to our letter dated November 1, 2022. A Meeting of the Board of Directors of the Company was held earlier today, at which meeting the Board inter-alia, considered and took on record the Un-audited (Reviewed) Standalone and Consolidated Financial Results along with the Limited Review Report thereon for the quarter/ half year ended September 30, 2022. Enclosed is a copy of the said financial results of the Company and the Limited Review Report, being forwarded to you, in terms of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The said results shall be published in one English and one vernacular newspaper as required. The meeting commenced at 4.00 p.m. and concluded at 6.00 p.m. (As per BSE Announcement Dated on 10/11/2022)
01-Aug-2022 08-Aug-2022 Quarterly Results INDIAN HOTELS CO.LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 08/08/2022 inter alia to consider and approve Pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 we wish to inform you that a Meeting of the Board of Directors of the Company will be held on August 8 2022 to consider inter-alia the Un-Audited (Reviewed) Standalone and Consolidated Financial Results along with the Limited Review Report thereon for the quarter ended June 30 2022. Further pursuant to the code of Conduct for Prevention of Insider Trading the Company has intimated its designated employees regarding the closure of the Trading Window from June 24 2022 for the purpose of adoption of the Un-Audited (Reviewed) Financial Results for the quarter ended June 30 2022. The Trading Window shall re-open for trading 48 hours from the date the said Results are made public We refer to our letter dated August 1, 2022. A Meeting of the Board of Directors of the Company was held earlier today, at which meeting the Board inter-alia, considered and took on record the Un-audited (Reviewed) Standalone and Consolidated Financial Results along with the Limited Review Report thereon for the quarter ended June 30, 2022. Enclosed is a copy of the said financial results of the Company and the Limited Review Report, being forwarded to you, in terms of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The said results shall be published in one English and one vernacular newspaper as required. We refer to our letter dated August 1, 2022. A Meeting of the Board of Directors of the Company was held earlier today, at which meeting the Board inter-alia, considered and took on record the Un-audited (Reviewed) Standalone and Consolidated Financial Results along with the Limited Review Report thereon for the quarter ended June 30, 2022. Enclosed is a copy of the said financial results of the Company and the Limited Review Report, being forwarded to you, in terms of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The said results shall be published in one English and one vernacular newspaper as required. The meeting commenced at 2.00 p.m. and concluded at 4.00 p.m. (As Per BSE Announcement Dated on 08/08/2022)
19-Apr-2022 27-Apr-2022 Dividend INDIAN HOTELS CO.LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/04/2022 inter alia to consider and approve Pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 we wish to inform you that a Meeting of the Board of Directors of the Company will be convened on April 27 2022 for considering the following matters: The Audited Standalone and Consolidated Financial Results for the year ended March 31 2022 Recommendation of dividend for the financial year-2021/22 if any Pursuant to the applicable provisions of the Tata Code of Conduct for Prevention of Insider Trading the Company has intimated its Designated Persons regarding the closure of the Trading Window from March 25 2022 for the purpose of adoption of the Audited Annual Financial Statements of the Company for the financial year ended March 31 2022. The Trading Window shall re-open for trading 48 (forty eight) hours from the date the said Results are made public. Indian Hotels Company Ltd has informed BSE that the Board of Directors of the Company at their meeting held on April 27, 2022, inter alia, has transacted the following business: - Recommended a dividend of Rs. 0.40/- per Equity Share of Rs. 1/- each fully paid up of the Company @ 40% (previous year Rs. 0.40/- per Equity Share of Rs. 1/- each fully paid up @ 40%), subject to the approval of the Members at the Annual General Meeting. Accordingly: i. the dividend payable on one Equity Share of Rs. 1/- each fully paid up will amount to Rs. 0.40/- (Forty paise Only) ii. the dividend payable on 100 Equity Shares of Rs. 1/- each fully paid up will amount to Rs. 40/- (Rs. Forty Only). Approved the Audited Financial Results (Standalone and Consolidated} for the financial year ended March 31, 2022 along with the Auditor''s Report thereon. In this regard please find enclosed: Audited Standalone and Consolidated Financial Results of the Company for the financialyear ended March 31, 2022. Auditor''s Report in respect of the aforesaid Financial Results Recommended a dividend of~ 0.40/- per Equity Share of~ 1/- each fully paid up of the Company @ 40% (previous year~ 0.40/- per Equity Share of~ 1/- each fully paid up @ 40%}, subject to the approval of the Members at the Annual General Meeting. Accordingly: i. the dividend payable on one Equity Share of ~ 1/- each fully paid up will amount to Rs 0.40/- (Forty paise Only} ii. the dividend payable on 100 Equity Shares of ~ 1/- each fully paid up will amount to Rs 40/- Rs. Forty Only. Pursuant to Regulation 30(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that based on the recommendation of the Audit Committee of the Company, the Board has, at its meeting held today, recommended the re-appointment of BS R & Co. LLP, Chartered Accountants (Firm Registration No. 101248W/W- 100022) as the statutory auditors of the Company for a second term to hold the office for a further period of 5 (five) consecutive years from the conclusion of the 121st Annual General Meeting of the Company scheduled to be held in the year 2022 till the conclusion of the 126th Annual General Meeting to be held in the year 2027, subject to the approval of the shareholders of the Company. B S R & Co. LLP is a multi-disciplinary Audit Firm catering to various clients in diverse sectors. B R & Co. LLP is a member entity of B SR & Affiliates, a network registered with the ICAI. (As Per BSE Announcement Dated on 27.04.2022)
22-Mar-2022 25-Mar-2022 Qualified Institutions Placements In terms of Regulation 29(1) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (the 'SEBI LODR Regulations'), we wish to inform you that a meeting ofthe QIP Committee 2021-22 ofthe Board of Directors of the Company is scheduled to be held on March 25, 2022 to inter a/ia consider and approve the issue price, including a discount, if any thereto as permitted under the SEBI ICDR Regulations, for the Equity Shares to be allotted to qualified institutional buyers, pursuant to the Issue. We request you to take the above on record and the same be treated as compliance under the applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.
21-Jan-2022 01-Feb-2022 Quarterly Results INDIAN HOTELS CO.LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 01/02/2022 inter alia to consider and approve Pursuant to Regulation 29 & 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations 2015 we wish to inform you that a Meeting of the Board of Directors of the Company will be held on February 1 2022 to consider inter-alia the Un-Audited (Reviewed) Standalone and Consolidated Financial Results alongwith the Limited Review Reports thereon for the quarter / nine months ended December 31 2021. Further pursuant to the code of Conduct for Prevention of Insider Trading the Company has intimated its designated employees regarding the closure of the Trading Window from December 25 2021 for the purpose of adoption of the Un - Audited (Reviewed) Financial Results for the quarter / nine months ended December 31 2021. The Trading Window shall re-open for trading 48 hours from the date the said Results are made public. A Meeting of the Board of Directors of the Company was held earlier today, at which meeting the Board inter-alia, considered and took on record the Un-audited (Reviewed) Standalone and Consolidated Financial Results along with the Limited Review Report thereon for the quarter / nine months ended December 31, 2021. Enclosed is a copy of the said Financial results of the Company and the Limited Review Report, being forwarded to you, in terms of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The said results shall be published in one English and one vernacular newspaper as required. (As Per BSE Announcement Dated on 01/02/2022)
13-Oct-2021 21-Oct-2021 Quarterly Results Quarterly Results. INDIAN HOTELS CO.LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 21/10/2021 ,inter alia, to consider and approve Pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform you that a Meeting of the Board of Directors of the Company will be held on October 21, 2021 to consider inter-alia, the Un-Audited (Reviewed) Standalone and Consolidated Financial Results along with the limited Review Report thereon for the quarter / half year ended September 30, 2021. INDIAN HOTELS CO.LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 21/10/2021 ,inter alia, to consider and approve Pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and in furtherance to our letter dated August 23, 2021, for issue of Equity Shares by way of a Rights Issue for an amount not exceeding Rs. 3,000 crore, we wish to inform you that at the Meeting of the Board of Directors of the Company to be convened on October 21, 2021, the Board may re-consider the total aggregate amount to be raised by Rights issue as also consider other fund raising options to complement the Rights Issue, as the Board may deem appropriate. (As Per BSE Announcement Dated on 16-10-2021) We refer to our letter dated October 13, 2021. A Meeting of the Board of Directors of the Company was held earlier today, at which meeting the Board inter-alia, considered and took on record the Un-audited (Reviewed) Standalone and Consolidated Financial Results along with the Limited Review Report thereon for the quarter /half year ended September 30, 2021. Enclosed is a copy of the said financial results of the Company and the Limited Review Report, being forwarded to you, in terms of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Further to our letter dated October 16, 2021 and pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, ('SEBI Listing Regulations '), we would like to inform you that the Board of Directors of the Company at its meeting held today has approved the following proposals: 1. Raising of Funds and 2. Purchase of Shares of Roots Corporation Limited, (As per BSE Announcement Dated on 21/10/2021) This is further to the meetings of the Board of Directors of the Company held on August 23, 2021 and October 21, 2021, approving the offer and issuance of fully paid-up equity shares of the Company (the 'Equity Shares') for an amount not exceeding Rs. 2,000 crore, by way of a fast track rights issue to the eligible shareholders of the Company ('Rights Issue') in accordance with the Companies Act, 2013 and the rules made thereunder, the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, other applicable laws and our prior intimations dated August 17, 2021, October 16, 2021 and November 2, 2021. Pursuant to the above referred, we wish to inform you that the Committee at its meeting held today, i.e. November 9, 2021 has inter alia considered and approved the terms of the Rights Issue (As per BSE Announcement Dated on 10.11.2021)
17-Aug-2021 23-Aug-2021 Raising funds through Debt Instr. Inter alia, for considering various fund raising options for the Company, as the Board may deem appropriate. Further to our letter dated August 17, 2021 and pursuant to Regulation 30 of the SEBI Listing Regulations, we would like to inform you that the Board of Directors of the Company at its meeting held today has, inter alia, considered and approved, subject to receipt of relevant approvals from regulatory authorities, as may be required, issue of Equity Shares by way of a Rights Issue to the existing shareholders of the Company on a record date for an amount not exceeding Rs. 3,000 crores. In terms of Regulation 30 of the SEBI Listing Regulations, 2015, we are pleased to inform you that the Board of Directors of the Company on August 23, 2021 approved the appointment of Mr. Anupam Narayan (DIN: 05224075) as an Additional Director of the Company in an Independent capacity for a period of 5 years commencing from August 23, 2021 to August 22, 2026, subject to approval of the shareholders at the next general meeting. (As Per BSE Announcement dated on 23.08.2021)
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