Jindal Steel & Power Limited has informed the Exchange that the Executive Sub-Committee of Directors of Jindal Power Limited, subsidiary of Jindal Steel & Power Limited has, at its meeting held on December 22, 2014 allotted 5,000 Privately Placed Rated Redeemable Unsecured Non-Convertible Debentures for cash at par aggregating to Rs. 500 Crore in three series to the Kotak Mahindra Bank Limited.
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