Overview

• The authorization allows issuance via private placement, public issue, qualified institutional placement, preferential issue or legally permitted combinations.
• The board or an authorized committee will set tranche sizes, tenor, coupon and other terms at a later stage.
• The debentures may be issued as secured or unsecured instruments in one or more tranches.
• The board meeting on Oct. 8 began at 11:30 a.m. and concluded at 12:32 p.m., according to the exchange filing.
• Shares traded 1.28% lower at ₹2,510 on Wednesday, as NDTV also noted SEBI’s Sept. 18 orders clearing prior allegations against the group as recent context.