Supra Pacific Management Consultancy has informed that meeting commenced at 10:30 am and concluded at 12.15 pm. The Board of Directors took note of the minutes of previous Board Meeting. The Board of Directors discussed and approved raising of fund by way of issue of Secured, Non-Convertible Debentures through Private Placement basis an aggregate amount up to Rs 10,00,00,000 (Rupees Ten Crore Only) by issuing up to 1,00,000 (One Lakh Only) Debentures of Rs 1000 each (Rupees Thousand Only) with Coupon rate of 11.50% pa on yearly basis [Series III] and 11.00% pa on monthly basis [Series IV]. The Board of Directors considered and reviewed the Business Operations & Prospects of the Company. Other items with the permission of the chair.
The above information is a part of company’s filings submitted to BSE.