Sanghi Industries repays NCDs aggregating Rs 256 crore

Image
Capital Market
Last Updated : Feb 23 2021 | 11:50 PM IST
Sanghi Industries announced that the proceeds from the recent NCD issuance amounting to Rs 305 crore has been utilised for early redemption of existing 2560 No. of Secured, Listed, Rated, Redeemable, Non Convertible Debentures of Rs. 10,00,000/- each aggregating to Rs 256 crore which were issued in March 2021.

Consequent to above, as on date the outstanding Non Convertible Debentures of the Company is Rs. 305 crores which were issued on 23 February 2021.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 23 2021 | 6:03 PM IST

Next Story