Moneycontrol PRO

business

Will use Rs 500cr of total money raised to repay debt: CCD

CCD plans to raise Rs 1150 crore through the IPO, of which Rs 500 crore will be utilised to repay debt. The company has about Rs 1000-crore odd debt

first published: Oct 7, 2015 04:25 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347