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INDIAN OIL CORPORATION LTD. - Announcement under Regulation 30 (LODR)-Issue of Securities
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25 Jan 2021
In accordance with the Regulation 30 read with Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, it is hereby notified that the Company has issued 12902, 5.60% Unsecured, Listed, Rated, Taxable, Redeemable, Non-convertible Debentures (Series - XX) of Rs.10,00,000 each aggregating to Rs. 1290.20 crore on Private Placement basis on 25th January 2021. &lt;BR&gt; &lt;BR&gt; The funds raised through this issue will be utilized for, inter alia, refinancing of existing borrowing and/or funding of Capital Expenditure of the Company, including recoupment of expenditure already incurred and/or for any other purpose in the ordinary course of business of the issuer.&lt;BR&gt; &lt;BR&gt; The above is for information and record please.&lt;BR&gt;
View all announcements for INDIAN OIL CORPORATION LTD. Source: BSE India