NEW DELHI: State-owned Oil and Natural Gas Corporation (ONGC NSE -0.25 %) on Monday said its board will meet on September 1 to consider raising funds of up to Rs 45,000 crore.
The board will also consider and approve the company’s financial results for the June quarter on the said date, ONGC said in a BSE filing.
It will consider raising of funds “by way of availing Bank loan(s) and/ or issue of debt instruments (including bonds, NCDs and notes) in domestic and/or overseas market including drawdown(s) under Euro Medium Term Note (EMTN) programs not exceeding Rs 35,000 crore,” it said.
