Outcome of board meeting of ECL Finance

Held on 22 January 2015

ECL Finance announced that the Board of Directors of the Company at its meeting held on 22 January 2015 has, subject to receipt of the necessary approvals, if any, approved the public issue of Non-convertible Debentures (NCDs) for an amount not exceeding Rs. 400 crore with a green shoe option for an amount upto Rs. 400 crore.

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