PVR has informed that the Board of Directors of the Company at its meeting held on October 31, 2014 has approved the issue of Non Convertible Debentures (?NCD?) not exceeding Rs. 500 Crores and allotment of 1,46,602 equity shares against exercise of same number of Options by the employees of the company.
The above information is a part of company’s filings submitted to BSE.