Go Ad-Free
    My Alerts
    Moneycontrol
    Moneycontrol PRO
    HomeNewsBusinessCESC to raise Rs 100 crore from Axis Bank via NCDs

    CESC to raise Rs 100 crore from Axis Bank via NCDs

    The committee of the board of directors at its meeting approved the allotment of 10,000 secured, unlisted, redeemable, rated non-convertible debentures having a face value of Rs 1,00,000 each aggregating to Rs 100 crore on a private placement basis to Axis Bank Limited, CESC said in a regulatory filing.

    PTI
    December 29, 2023 / 15:12 IST
    CESC to raise Rs 100 crore from Axis Bank via NCDs
       
       
      26 Aug, 2025 12:21
      Volume
      Todays L/H
      More

      Power utility CESC Ltd on Friday said it received board's approval for raising Rs 100 crore from Axis Bank through issue of non-convertible debentures on private placement basis.

      The committee of the board of directors at its meeting approved the allotment of 10,000 secured, unlisted, redeemable, rated non-convertible debentures having a face value of Rs 1,00,000 each aggregating to Rs 100 crore on a private placement basis to Axis Bank Limited, CESC said in a regulatory filing.

      PTI
      first published: Dec 29, 2023 02:38 pm

      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!

      Subscribe to Tech Newsletters

      • On Saturdays

        Find the best of Al News in one place, specially curated for you every weekend.

      • Daily-Weekdays

        Stay on top of the latest tech trends and biggest startup news.

      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