CHD Developers has informed that a meeting of Board of Directors of the Company is scheduled to be held on February 22, 2017, to discuss and consider the proposal for the issuance of Non-Convertible Debentures through private placement to such persons on such terms and conditions as the Board of Directors of the Company may, from time to time, determine and consider proper and most beneficial to the Company subject to the approval of shareholders of the Company and in compliance of all the applicable and related laws. The Board of the Directors of the Company will also consider and discuss convening of Extra Ordinary General Meeting or postal ballot for obtaining shareholders approval for raising the aforesaid debentures, if the proposal is considered.
The above information is a part of company’s filings submitted to BSE.
