Power Grid to Raise Rs 3,800 Crore Via Bonds
x
Power Grid plans to raise up to Rs 3,800 crore through bond issuance on a private placement basis. Base issue size is Rs 1,000 crore.
New Delhi, Nov 17 (PTI) Power Grid on Monday said its committee of directors has approved a proposal to raise up to Rs 3,800 crore through issuance of bonds on private placement basis.
The base issue size will be Rs 1,000 crore with a green shoe option of Rs 2,800 crore, the company said in an exchange filing.
Bonds are redeemable at par in 10 equal annual installments and interest payment on yearly basis.
The base issue size will be Rs 1,000 crore with a green shoe option of Rs 2,800 crore, the company said in an exchange filing.
Bonds are redeemable at par in 10 equal annual installments and interest payment on yearly basis.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone-Idea-L
- 10.29 ( -4.72)
- 71162549
- Spicejet-Ltd
- 32.50 (+ 4.47)
- 59158929
- Alstone-Textiles
- 0.30 ( 0.00)
- 37245425
- Sunshine-Capital
- 0.25 ( 0.00)
- 25623281
- G-V-Films
- 0.63 ( -4.55)
- 21918363
MORE NEWS
© 2025 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback