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Inter alia, have approved the following matters: (a) Proposal for raising of funds through issuance of equity shares and/or equity linked securities through one or more of the permissible modes including but not limited to public issue, rights issue, preferential issue, private placement, qualified institutions placement in accordance with the provisions of Chapter VI of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, or through any other permissible mode and/or combination thereof as may be considered under applicable laws for an aggregate amount of up to INR 1500 crores, subject to necessary approvals including the approval of the members of the Company and such other regulatory/ statutory approvals as may be required; and (b) Approval of the Postal Ballot Notice for seeking approval of the shareholders of the Company with respect to the proposed fund raising. In order to give effect to the above, the Board has authorized the Corporate Affairs Committee of the Board to take-up decisions/matters related to the proposed fund raising.
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