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Sadbhav Engineering informs about Outcome of Board Meeting

27 Nov 2014

Sadbhav Engineering has informed that the Board of Directors of the Company at its meeting held on November 27, 2014, has pursuant to the applicable provisions of the Companies Act, 2013 read with the rules made thereunder and approval of the Shareholders of the Company vide Special resolution dated September 26, 2014, issued and allotted 1200 numbers of Rated, Listed, Secured, Redeemable, Non-Convertible Debentures of the face value of Rs 10,00,000 each, for cash, aggregating upto Rs 120,00,00,000, on the terms and conditions contained in the Information Memorandum dated November 26, 2014 on private placement basis.

The above information is a part of company’s filings submitted to BSE.

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