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Kalpataru Power raises Rs 200 cr via issuing non-convertible debentures

Kalpataru Power Transmission Ltd on Wednesday said it has raised Rs 200 crore through the issuance of non-convertible debentures (NCDs).

Kalpataru Power Transmission | NCD

Press Trust of India  |  New Delhi 

cash, funds, investment, growth, profit, loss, money, bonds, liquidity, currency

Ltd on Wednesday said it has raised Rs 200 crore through the issuance of non-convertible debentures (NCDs).

In a regulatory filing, the company said it has raised Rs 200 crore through the allotment of 2,000 NCDs of the face value of Rs 10,00,000 each on private placement basis.

The NCDs will be listed on the wholesale debt market segment of BSE Limited, the filing added.

Shares of Limited were trading at Rs 379.10 on BSE, as compared to the previous close of Rs 382.75.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Wed, January 12 2022. 13:36 IST