Board of Sundaram Clayton approves NCD issuance up to Rs 200 cr

At meeting held on 30 July 2021

Jul 30, 2021 08:07 IST capital market

The Board of Sundaram Clayton at its meeting held on 30 July 2021 has approved the proposal for availing credit facilities by way of Issue of Non-Convertible Debentures (NCDs) for a sum of upto Rs.200 crore from time to time.

The NCDs will be issued based on the fund requirements of the Company at the prevailing competitive rates.

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