"Srei Equipment Finance, a wholly-owned subsidiary of Srei Infrastructure Finance, is proposing a public issue of secured redeemable NCDs of face value of Rs 1,000 each aggregating up to Rs 500 crore," the Kolkata-based company said in a BSE filing today.
The issue, which is proposed to be listed with the exchanges NSE and BSE, will open on January 3 and close on January 20, 2017.
Srei said the NCDs offer an annualised coupon of up to 9.75 per cent per annum.
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