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Last Updated : Jul 12, 2016 03:33 PM IST | Source: Moneycontrol.com

Forbes & Company: Outcome of board meeting

Forbes & Company Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 12, 2016, has approved issue of Secured Non-convertible Debentures (NCDs) on private placement basis upto aggregate value Rs. 40 crores.

 
 
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Forbes & Company Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 12, 2016, has approved issue of Secured Non-convertible Debentures (NCDs) on private placement basis upto aggregate value Rs. 40 crores. The Board authorised severally the Chairman and the Managing Director to finalise the terms of Issue of NCDs. The NCDs are proposed to be listed on wholesale debt segment of BSE Ltd.The Board Meeting commenced at 2 pm and concluded at 3 pm.Source : BSE

Read all announcements in Forbes Gokak



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First Published on Jul 12, 2016 03:33 pm
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