-
ALSO READ
SBI board approves proposal to raise Rs 8,931 crore via Basel III bonds
Food delivery unicorn Zomato raises Rs 379 cr from US investor Kora
Fundraising by fintechs took a hit due to Covid-19 pandemic, lockdown
Robust foreign inflows, fundraising by banks help rupee fight August curse
UCO Bank approves raising Rs 3,000 cr in FY21, awaits shareholders nod
-
State-owned power producer SJVN on Tuesday said its board has approved a proposal to raise up to Rs 2,000 crore via bonds or debentures.
"The Board of Directors approved the proposal of raising of funds through issue of unsecured/secured nonconvertible bonds/debentures through private placement, up to an amount of Rs 2,000 crore, in one or more tranches," a BSE filing said.
The funds will actually be raised from time to time with the approval of a competent authority as per the powers delegated in this regard by the company's board, it added.
(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.)
Dear Reader,
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.
Digital Editor
RECOMMENDED FOR YOU