TARC Limited — Board Meeting, 18-03-2025: Outcome of Board Meeting

TARC Limited has announced a board meeting outcome where the Board of Directors approved the issuance of new series of non-convertible debentures (NCDs) on a private placement basis, amounting to an aggregate principal of ₹409 Crore. Additionally, the terms and conditions related to the pre-mature full redemption of existing NCDs were modified, pending necessary approvals. This decision could enhance the company's financial flexibility and support future growth initiatives. The meeting was conducted from 12:00 to 12:30 hrs.