Considered and approved the issue of 13,000 (Thirteen Thousand Only) Unlisted Secured Redeemable Non-Convertible Debentures of face value of Rs. 1000/- (Rupees One Thousand Only) each for cash at par, aggregating to Rs. 1,30,00,000/- (Rupees One Crore Thirty Lakhs only) on private placement basis in one or more tranches.