India Infoline Finance Ltd has informed BSE that the Board of Directors of the Company at its meeting held on August 21, 2013, approved the proposal of Public Issue of Secured Redeemable Non Convertible Debentures ("NCDs") upto a maximum of Rs. 1200 Crore. The NCDs are proposed to be listed on National Stock Exchange and Bombay Stock Exchange.The Board has constituted a Committee to finalise the terms and conditions of the Issue including the schedule.Source : BSE
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