CESC to raise Rs 300 crore via NCDs

15 Nov 2022 , 12:05 PM

CESC's board of directors authorized a proposal to raise Rs 300 crore by issuing non-convertible debentures on Tuesday (NCDs). "At its meeting today, the Board's Committee approved the issue of 3,000 secured, unlisted, redeemable, rated NCDs with face values of Rs 10 lakh each for cash at par, amounting to Rs 300 crore," according to a BSE filing. CESC is a power sector company owned by the RP - Sanjiv Goenka Group.

For feedback and suggestions, write to us at [e-mail]