Religare Enterprises has informed that Investment and Borrowing Committee of Board of Directors of Company at its meeting held on March 22, 2016 (started at 11.00 A.M. and concluded at 12.00 Noon) has considered and approved the raising of funds for an amount up to Rs 500 crores through issue of Unsecured Unlisted Non-Convertible Debentures (‘NCDs’) on private placement basis. The Company will further update once the funds are raised and NCDs are issued. The above information is a part of company’s filings submitted to BSE.
