"We would like to inform...That the company will open the issue...Of the debt securities on February 16," Religare Finvest said in an exchange filing.
The company gave a notice for issuance of redeemable non-convertible debentures of Rs 10 lakh each for cash at par up to Rs 100 crore (including green shoe option) on private placement basis.
Religare Finvest is a Small and Medium Enterprise (SME) financing focused Non-Banking Financial Company (NBFC). It also provides loan against marketable securities.
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