Aspire Home Finance to raise Rs 500 cr via debt placement
Press Trust of India New Delhi Aspire Home Finance Corporation today said it plans to raise Rs 500 crore on a private placement basis.
The company's board of directors will meet on Wednesday to consider and approve the issue of up to 5,000 non-convertible debentures, the company informed the BSE.
"Aspire Home Finance Corporation Ltd...To consider and approve the offer, issue and allot up to 5,000 redeemable Non-Convertible Debentures (NCDs) of Rs 10,00,000 each aggregating to Rs 500 crore on private placement basis, in one or more tranches," it said in the filing.