Board of NLC India approves fund raising by way of issue of CPs and bonds
At meeting held on 18 March 2020
The Board of NLC India at its meeting held on 18 March 2020 has approved the following -
(i) Issuance of Commercial Paper upto Rs. 6,000 crore in tranches inclusive of already a proved issuance of commercial paper limit of Rs. 2000 crore and
(ii) Issuance of Bonds in the nature of Debentures upto Rs. 5,000 crore in tranches.
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