Board of SRF approves private placement of NCDs up to Rs 300 crore

At meeting held on 28 June 2017

SRF announced that the Board of Directors at its meeting held on 28 June 2017, has resolved to offer and issue Listed, Secured, Redeemable, Non-Convertible Debentures (NCDs) aggregating up to Rs. 300 crore, on a Private Placement basis and delegated the responsibility of allotment of NCDs and completing the formalities only for allotment of NCDs, to the Committee of Directors - Financial Resources.

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