Banks, Financial Institutions, Insurance Companies, Investment Institutions, other investing agencies, Bodies Corporate incorporated under any statute including Army Group Insurance Directorate and Naval Group Insurance Directorate and trustees for the holders of debentures / secured premium notes / bonds / other securities / debt instruments, and other secured lenders ("Lenders") to secure repayment of any loans (both rupee loans and foreign currency loans) and / or any other financial assistance and / or guarantee facilities already obtained or that may hereafter be obtained from any of the Lenders by the Company and / or to secure redemption of debentures (whether partly / fully convertible or non-convertible) / secured premium notes / bonds / other securities / debt instruments and / or rupee / foreign currency convertible bonds and / or bonds with share warrants attached, already issued or that may hereafter be issued by the Company, together with all interest, compound additional interest, commitment charge, liquidated damages, premium on prepayment or on redemption, trustees remuneration, costs, charges, expenses and all other moneys including revaluation / devaluation / fluctuation in the rates of foreign currencies involved, payable by the Company to the Lenders concerned, in terms of their respective Loan Agreements / Heads of Agreements / Hypothecation Agreements / Trustees Agreements / Letters of Sanction / Memorandum of terms and conditions / Debenture Certificates entered into / to be entered into / issued / to be issued by the Company, provided that the total borrowings of the Company (exclusive of interest) whether by way of loans and / or any other financial assistance and / or guarantee facilities and / or issue of debentures / secured premium notes / other securities / debt instruments to be secured
As aforesaid (apart from temporary loans obtained or to be obtained from the Company's bankers in the ordinary course of business) shall not any time exceed the limit of Rs 1,500 crores, subject to necessary provisions & approval.
Bombay Dyeing & Manufacturing Company Ltd
marketing@alchempro.com
