Phoenix Township has informed that the Board Meeting of the Company was held today, 31st, October, 2023 at 09.00 am through Video Conference/Other Audio-Visual Means have, approved issue of Unlisted, secured, Redeemable, Non-Convertible Debentures (‘NCDs’) upto INR 30,00,00,000 on private placement basis. The company has attached Annexure A for further details of issue of Unlisted, Secured, Redeemable, Non-Convertible Debentures (NCDs) upto INR 30,00,00,000 on private placement basis. The Meeting of the Board of Directors commenced at 09.00 am and concluded at 09.50 am.