Birla Corp to raise INR1.5bn through NCDs

Birla Corp to raise INR1.5bn through NCDs
04 December 2020


India’s Birla Corp is set to raise around INR1.5bn (US$20.3m) through secured unlisted redeemable non-convertible debentures (NCDs).

As such, the company has approved the allotment of 1500 NCDs worth INR10,00,000 each, on a private placement basis.

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