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IFCI LTD. - Outcome of Committee Meeting - Issue of Secured, Redeemable, Non-Convertible Debentures (NCD)
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23 Dec 2014
This is in reference to IFCI&apos;s Public issue of secured, redeemable, non-convertible debentures under shelf limit of Rs. 2000 crore. In this regard, IFCI Ltd has informed BSE that the Committee of Directors of IFCI Ltd. at its Meeting held on December 23, 2014 has approved the issue of Secured, Redeemable, Non-Convertible debentures under Tranche II - Public Issue of NCD, subject to statutory approvals as required.&lt;BR&gt;&lt;BR&gt;The relevant information in this regard is as under:&lt;BR&gt;&lt;BR&gt;a) Type of Securities proposed to be issued - Secured, Redeemable, Non-Convertible Debentures.&lt;BR&gt;&lt;BR&gt;b) Type of Issuance - Tranche II - Under the Shelf Prospectus.&lt;BR&gt;&lt;BR&gt;c) Total amount for which the securities will be issued - Rs. 250 crores (base issue size) with an option to retain oversubscription upto the residual Shelf Limit i.e. Rs. 790.813 crores (i.e. balance remaining out of the Shelf Limit of Rs. 2000 crores)&lt;BR&gt;&lt;BR&gt;d) Proposed Issue Opening Date - January 01, 2015&lt;BR&gt;Issue Closing Date - February 04, 2015
View all announcements for IFCI LTD. Source: BSE India

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