Notice has been issued for holding an Extraordinary General Meeting of members of BSNL at New Delhi on 15.06.2020. This meeting is being held to accord power to the Board of Directors:-
(a) To monetise/ sell/transfer/dispose off identified land/ buildings. The sale proceeds will be utilised for the revival / restructuring of the Company including repayment of loans and for meeting Capital and Operational expenditures.
(b) To accord power to the Board of Directors to issue Government Guaranteed Bonds aggregating up to Rs.8,500 crores. (Courtesy: bsnleu website)