{"id":583393,"date":"2023-06-09T09:29:20","date_gmt":"2023-06-09T03:59:20","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=583393"},"modified":"2023-06-09T10:03:40","modified_gmt":"2023-06-09T04:33:40","slug":"torrent-power-raises-rs-600-cr-through-non-convertible-debentures","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/torrent-power-raises-rs-600-cr-through-non-convertible-debentures\/","title":{"rendered":"Torrent Power raises Rs 600 cr through non-convertible debentures"},"content":{"rendered":"<p>Torrent Power has raised Rs 600 crore through issuance of non-convertible debentures on private placement basis.<\/p>\n<p>&#8220;The company has issued and allotted Series 11 60000 Secured, Rated, Listed, Taxable, Non-Cumulative, Redeemable and Non-Convertible Debentures (NCDs) of Rs 600 crore at a coupon rate of 8.50 per cent per annum&#8230;on private placement basis,&#8221; a BSE filing said.<\/p>\n<p>The company issued 60,000 NCDs of Rs 1 lakh per debenture aggregating to Rs 600 crore. It is proposed to be listed on Wholesale Debt Market Segment of National Stock Exchange.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Torrent Power has raised Rs 600 crore through issuance of non-convertible debentures on private placement basis. &#8220;The company has issued and allotted Series 11 60000 Secured, Rated, Listed, Taxable, Non-Cumulative, Redeemable and Non-Convertible Debentures (NCDs) of Rs 600 crore at a coupon rate of 8.50 per cent per annum&#8230;on private placement basis,&#8221; a BSE filing said. The company issued 60,000 NCDs of Rs 1 lakh per debenture aggregating to Rs 600 crore. It is proposed to be listed on Wholesale Debt Market Segment of National Stock Exchange.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-583393","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/583393","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=583393"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/583393\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=583393"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=583393"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=583393"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}