Swelect Energy Raises Rs 139 Cr via NCDs
Swelect Energy Systems has raised Rs 138.5 crore through the issuance of non-convertible debentures (NCDs) to India Infradebt Limited.
New Delhi, Feb 25 (PTI) Swelect Energy Systems on Tuesday said it has raised Rs 138.5 crore by issuing non-convertible debentures on a private placement basis to India Infradebt Limited.
"Board of Directors of the Company at their meeting held today, has approved the allotment of 1,385 Secured, Unlisted, Rated, Redeemable, Non-Cumulative, Taxable and Non-Convertible Debentures of face value Rs 10,00,000 each, aggregating to Rs 138.5 crore on private placement basis to India Infradebt Ltd," a BSE filing said.
According to the filing, the NCDs are allotted on February 25, 2025. PTI KKS
KKS
"Board of Directors of the Company at their meeting held today, has approved the allotment of 1,385 Secured, Unlisted, Rated, Redeemable, Non-Cumulative, Taxable and Non-Convertible Debentures of face value Rs 10,00,000 each, aggregating to Rs 138.5 crore on private placement basis to India Infradebt Ltd," a BSE filing said.
According to the filing, the NCDs are allotted on February 25, 2025. PTI KKS
KKS
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