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Brief: RSWM approves issue of NCDs up to 1.50 bln rupees

Aug 30 (Reuters) - RSWM Ltd  RSWM.NS  
    * Says approved issue of NCDs up to 1.50 billion rupees 
 
Source text: [RSWM Limited has informed the Exchange regarding 
Outcome of Board Meeting held on August 30, 2017.This is in 
reference to our Notice dated 24th August, 2017, please take 
note that the Board of Directors in their meeting held today has 
approved issuance of Secured Redeemable Non-Convertible 
Debentures upto `150 crore, on a private placement basis in such 
tranches/ series and at such coupon rates as may be approved by 
the Directors from time to time.The meeting of Board of 
Directors commenced at 12.30 P.M and concluded at 2.15 
P.M.Kindly take the same on record.] 
Further company coverage:  RSWM.NS  
 
 ((Bangalore.newsroom@thomsonreuters.com;))

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