Board of IRB Infrastructure Developers approves private placement of NCDs for Rs 1400 cr

At meeting held on 06 December 2019

Dec 06, 2019 11:12 IST capital market

The Board of IRB Infrastructure Developers at its meeting held on 06 December 2019 has approved the issuance of Secured, Redeemable, Unlisted Non-Convertible Debentures (NCDs) amounting to Rs. 1,400 crore on a private placement basis, being proposed to be allotted in one or more tranches/series.

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