Sintex Industries has informed that the Committee of Board of Directors in its meeting held on October 08, 2015, has approved the allotment of 5000-9.41% Rated Listed, Secured, Fully Redeemable, Dematerialised Non-Convertible Debentures (‘NCDs’) of the face value of Rs 10,00,000 each of the aggregate nominal value of Rs 500,00,00,000 to Life Insurance Corporation of India P & GS Fund on private placement basis. The Company has appointed IL & FS Trust Company Limited as Debenture Trustee and necessary compliance has been made.
The above information is a part of company’s filings submitted to BSE.