Sadbhav Infrastructure Project raises Rs 200 crore

Sadbhav Infrastructure Project raises Rs 200 crore
23/09/2016 , by , in News/Views

Sadbhav Infrastructure Project Ltd. Has announced that it has raised Rs 200 crore through non-convertible debentures (NCDs) on private placement basis.

“ The board of directors has passed a resolution towards approval of the allotment of 2,000 senior taxable, secured, rated, listed, redeemable, non-convertible debentures totally aggregating up to Rs 200 crore having face value having face value of Rs 10,00,000, each under tranche I comprising of tha Series I debentures, Series II debentures, Series III debentures and Series IV debentures of Rs 50,00,00,000 each,” the company said in a statement.

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