D. Sundararajan vs Sebi on 12 October, 2017
refinery projects, Cals would
raise USD 500 million by issuance of GDR/FCCB.
7
(vii) The Audit Committee and remuneration committee of
Cals shall ... said AGM, the Board was
inter alia, authorized to issue GDRs/FCCB for an aggregate sum
of USD 500 million.
(f) As a result