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SEPC allots debentures aggregating Rs 3016 cr to SBI

30 Nov 2022 , 01:33 AM

SEPC has allotted 1508000 unlisted Compulsorily Convertible Debentures CCDs @ Rs 100 each aggregating to Rs 1508 crore and 1508000 Unlisted Non Convertible Debentures NCDs @ Rs 100 each aggregating to Rs 1508 crore to State Bank of India a lender of the Company as approved by the Shareholders of the Company and also in line with the Resolution Plan approved by the Lenders of the Company against conversion of part of their dues

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