Pursuant to provisions of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Walchandnagar Industries has informed that the Board of Directors of the Company, at its meeting held today Monday, July 15, 2024, approved issuance of Unlisted, Secured, Redeemable, Non-convertible Debentures (NCDs) by the Company on a Private Placement basis up to Rs. 74,00,00,000 within the borrowing limits of the Company as approved by the shareholders in accordance with Section 180 of the Indian Companies Act, 2013. The information as required under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 is enclosed herewith as ‘Annexure-I’. The Board Meeting commenced at 12:30 pm and concluded at 01:25 pm.
The above information is a part of company’s filings submitted to BSE.
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