HomeNewsBusinessCESC board approves raising Rs 300 crore via NCDs

CESC board approves raising Rs 300 crore via NCDs

"Committee of the Board at its meeting held today... approved the issue of 3,000 secured, unlisted, redeemable, rated NCDs having a face value of Rs 10 lakh each for cash at par aggregating to Rs 300 crore, on a private placement basis," a BSE filing stated.

Power

Power utility CESC on Tuesday said its board has approved a proposal to raise Rs 300 crore through issuance of non-convertible debentures (NCDs).

"Committee of the Board at its meeting held today... approved the issue of 3,000 secured, unlisted, redeemable, rated NCDs having a face value of Rs 10 lakh each for cash at par aggregating to Rs 300 crore, on a private placement basis," a BSE filing stated.

Story continues below Advertisement

Remove Ad

CESC is an RP - Sanjiv Goenka Group firm operating in the power sector.

PTI

first published: Nov 15, 2022 11:39 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Download MC Apps:

Copyright © Network18 Media & Investments Limited. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.

English

Markets

News

Personal Finance

Mutual Funds

Commodities

Media

Invest Now

Specials

CESC board approves raising Rs 300 crore via NCDs

"Committee of the Board at its meeting held today... approved the issue of 3,000 secured, unlisted, redeemable, rated NCDs having a face value of Rs 10 lakh each for cash at par aggregating to Rs 300 crore, on a private placement basis," a BSE filing stated.

News

Features

Tools

Specials

Network 18 Sites

Personal Finance

Quick Links