Board of Dilip Buildcon approves private placement of NCDs aggregating Rs 600 cr

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Capital Market
Last Updated : Dec 25 2017 | 12:04 PM IST

At meeting held on 25 December 2017

The Board of Dilip Buildcon at its meeting held on 25 December 2017 has approved the allotment of 6000 Non-Convertible Debentures in the form of Senior, Secured, Unlisted, Rated, Redeemable, rupee denominated face value of Rs.10,00,000/- each issued at par aggregating to Rs. 600 crore in dematerialized form, bearing a coupon rate of 8.90% payable semi -annually every year on a private placement basis and execution of the transaction documents for the issuance of said debt securities.

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First Published: Dec 25 2017 | 11:37 AM IST

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