Shree Cement has informed that in furtherance to letter dated 25th September, 2023 and pursuant to Regulation 30 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 the ‘NCD Committee’ of the Board of Directors of the Company today approved allotment of 70,000 (Seventy Thousand) secured, rated, redeemable, taxable, non-convertible debentures (NCDs) having face value of Rs.1,00,000 (Rupees One Lac only) each for cash at par aggregating to Rs 700,00,00,000 (Rupees Seven Hundred Crores only) on private placement basis on terms and conditions as mentioned in the Placement Memorandum for the said Issue as details enclosed.
The above information is a part of company’s filings submitted to BSE.