Jagran Prakashan has informed that the board of directors of the company at its meeting held on December 01, 2012 has approved issue of secured non-convertible debentures upto an aggregate value of Rs.150 crores (rated by CRISIL as AA+/Stable) to augment its long term resources and retire its high interest bearing short-term debt.
The above information is a part of company’s filings submitted to BSE.