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Ashok Leyland to issue NCDs aggregating Rs 300 cr on private placement basis

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Capital Market

With a green shoe option of Rs 200 crore

The Fund Raising Committee of the Board of Directors of Ashok Leyland at its meeting held on 14 May 2020 has approved the issuance of listed, Secured, Redeemable, Non-convertible Debentures (NCDs), with an aggregate amount upto Rs.300 crore with a green-shoe option of Rs.200 crore on private placement basis.

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First Published: May 14 2020 | 6:19 PM IST

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