The company will acquire 21,483 shares comprising 11,699 CCPS and 9,784 Equity Shares via a mix of primary infusion and secondary purchase.
The company’s meeting is to be held on March 9, 2022, to consider the fund-raising plan by issuing of company’s equity shares.
The initial subscription amount of Rs1 lakh towards subscribing to 10,000 equity shares at face value of Rs10/- each.
The Board of Directors have approved an investment of up to Rs600 crore spread over the first 5 years.
This is a new rating from CRISIL Ratings Limited for the Bank’s infrastructure bonds, the company said.
The collaboration will offer more value to customers in the form of an enhanced rewards programme.
The rating on long-term bank facilities Rs221 crore has been revised to CARE BBB; Stable.
The Company has been awarded a work order by Rajasthan State Pollution Control Board (RSPCB).
Record date for Distribution is 11 March 2022
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