HomeBusinessDilip Buildcon raise Rs 100 crore through allotment of NCDs

Dilip Buildcon raise Rs 100 crore through allotment of NCDs

Date:

Trending

- Advertisement -
Advertise During Budget
Advertise During Budget
Advertise During Budget
Advertise During Budget

Dilip Buildcon has raised Rs 100 crore through the allotment of non-convertible debentures (NCDs) on a private placement basis.

In a filing at the BSE, Dilip Buildcon said, “The debenture committee of directors has allotted 1,000 rates, senior, secured, listed redeemable, NCDs, the rupee-denominated face value of Rs 10,00,000 at par aggregating to Rs 100 crore in dematerialized form, bearing a coupon rate 8.75 percent per annum annualized to identified investors on private placement basis.

- Advertisement -

“The debentures are proposed to be listed on BSE,” the filing said.

THE SNAPSHOTS, IN YOUR INBOX

Get quick snaps of everyday happening, directly in your inbox.

We don’t spam! Read our privacy policy for more info.

- Advertisement -
Krishna Mali
Krishna Mali
Founder, CEO & Group Editor of TechGraph.
spot_img

More Latest Stories

Related Stories