NLC India raises Rs 750 crore through issue of Commercial Paper

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NLC India announced that the company has raised Rs 750 crore through allotment of 15,000 Commercial Paper of face value of Rs 5 lakh each.
The Commercial Paper was issued and allotted on 18 August 2021.
The announcement was made on 19 August 2021. Shares of NLC India fell 1.89% to settle at Rs 52 on 18 August 2021.
NLC India is a 'Navratna' government of India company in the fossil fuel mining sector in India and thermal power generation.
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First Published: Aug 20 2021 | 8:44 AM IST