IndiGrid to raise up to Rs 1,000 cr via NCDs

NEW DELHI: Infrastructure investment trust NSE 0.46 % IndiGrid on Thursday announced a public issue of non-convertible debt securities to raise up to Rs 1,000 crore.

The issue will open on April 28 and close on May 5, IndiGrid said in a BSE filing.

The allotment committee of the board of directors of IndiGrid Investment Managers Ltd, acting in the capacity of Investment Manager to India Grid Trust (IndiGrid) was held on Thursday (April 22, 2021).

“The Allotment Committee inter-alia considered and approved the public issue of secured, rated, listed, redeemable non-convertible debt securities (NCDs) having a face value of Rs 1,000 each for an amount up to Rs 100 crores (Base Issue Size)

Read more

You may also like

Comments are closed.

More in Newspapers