September 28, 2015
Bombay Stock Exchange Limited Phiroze Jeejeebhoy Towers,
Dalal Street, Mumbai - 400 001
The National Stock Exchange of India Limited Exchange Plaza , Bandra-Kurla Complex Bandra (E) Mumbai - 400 051
Scrip code: 532531 Scrip code: STAR
Dear Sirs,
Sub: Fund Raising
We wish to inform you that the Board of Directors of the Company have approved the proposal to raise long term funds by way of issue of GDRs/ ADRs/ FCCBs/ QIP or such other equity linked instruments as may be permissible for an amount upto Rs. 1,500 crore including a green shoe option.
The fund raising is subject to shareholders' approval and such other statutory approvals as may be required including that of Foreign Investment Promotion Board.
Thanking you Yours faithfully
for STRIDES ARCOLAB LIMITED
Badree Komandur Company Secretary
CIN • L24230MH I 990PLC057062
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