Board of Jindal Stainless approves fund raising up to Rs 3500 cr

9 Feb 2022 , 01:34 AM

The Board of Jindal Stainless at its meeting held on 07 February 2022 has approved to raise funds along with any other co-issuer by way of issue of debt securities including secured or unsecured non-convertible redeemable debentures or bonds or commercial paper or notes listedunlisted or any combination thereof through private placement basis or otherwise in one or more tranches or any other method in the domestic international market as may be permitted under the applicable laws up to an aggregate principal amount of Rs 3500 crore or its equivalent in any freely convertible foreign currency