Torrent Power has raised Rs 750 crore through the issuance of non-convertible debentures (NCDs) on a private placement basis.
New Delhi, Jan 18 (PTI) Torrent Power has raised Rs 750 crore through the issuance of non-convertible debentures on a private placement basis.
"Company has issued and allotted Series 12 75,000 Secured, Rated, Listed, Taxable, Non-Cumulative, Redeemable and Non-Convertible Debentures (NCDs) of Rs 750 crore at a coupon rate of 8.40 per cent per annum today i.e. January 18, 2024 on private placement basis," a BSE filing said.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
© 2024 Rediff.com India Limited. All rights reserved. Disclaimer - Terms of Service - Privacy Policy - Feedback