Board of Directors of Janashakthi PLC has resolved to issue Unlisted, Senior, Unsecured, Redeemable Debentures amounting to Rs 2 billion yesterday.
The company in a stock exchange filing said that approval has been granted by the Securities and Exchange Commission of Sri Lanka (SEC) for the said Debenture Issue in terms of section 29A of the SEC Act No. 36 of 1987 (as amended) subject to making an immediate market announcement identifying the salient features of the proposed Debenture Issue.
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