Salem Erode Investments Limited informed that a meeting of the Board of Directors was held April 30, 2022, approved offering for subscription, on a private placement basis, upto 9,050 Unlisted, Unrated, secured, Redeemable, Non-Convertible Debentures of face value of INR 1,000 each at par, aggregating upto INR 90,50,000. Tenor: Deemed date of allotment: Within 30 days from date of receipt of application money.