In terms of Regulation 30 of SEBI (LODR) Regulations, 2015 and further to our intimation dated February 18,2017 we would like to inform you that the Board of Directors of the Company in their meeting held on March 08, 2017 (which commenced at 2.00 p.m. and concluded at 7.00 P.M.) has inter-alia, discussed and accorded its consent for variation in the terms of 70,00,000, 12% Non-Convertible Cumulative Redeemable Preference Shares of the Company issued to Industrial Investment Trust Limited, Holding Company.Source : BSE
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