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Dilip Buildcon raises Rs 200 crore through NCDs

Dilip Buildcon raises Rs 200 crore through NCDs
June 30
08:56 2020

Dilip Buildcon said it has raised Rs 200 crore through an issue of non-convertible debentures (NCDs) on a private placement basis.

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Dilip Buildcon said it has raised Rs 200 crore through an issue of non-convertible debentures (NCDs) on a private placement basis.

“The debenture Committee of Directors of the Company has today allotted 2,000 rated, senior, secured, listed, redeemable, non-convertible debentures, rupee denominated face value of Rs 10,00,000/- at par aggregating to Rs 200 crore ln dematerialized form,” the company said in a regulatory filing to the BSE.

The allotment has been made to identified investors on private placement basis, it said.

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First Published on Jun 30, 2020 07:45 am

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