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NLC India says it has raised Rs 1,000 crore by issuing commercial paper

NLC India on Friday said it has raised Rs 1,000 crore by issuing commercial paper.

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Press Trust of India New Delhi

NLC India on Friday said it has raised Rs 1,000 crore by issuing commercial paper.

"NLC India Ltd has issued and allotted 20,000 nos of commercial paper of face value of Rs 5,00,000 each aggregating to Rs 1,000 crore in favour of SBI Mutual Fund SBI Liquid Fund on August 14, " the PSU said in a filing to BSE.

NLC India, a navratna company under the Ministry of Coal, is into coal and lignite mining and power generation.

 

(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: Aug 14 2020 | 8:02 PM IST

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