Religare to raise Rs 500 cr via NCDs

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Religare Saturday said the company has got board approval for raising Rs 500 crore by way of issuance of non-convertible debentures on a private placement basis.
The board in its meeting held on Saturday gave approval for this, Religare said in a regulatory filing.
The approval of shareholders for the same will be sought through a postal ballot, it said.
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First Published: Feb 16 2019 | 4:45 PM IST