Board of IRB Infrastructure Developers approves raising debt up to Rs 2500 cr

The Board of IRB Infrastructure Developers at its meeting held on 26 April 2020 has approved the raising of debt through such modes as permitted under applicable laws, including the issue of non-convertible debentures or other debt securities/ instruments, for an aggregate amount of up to Rs. 2500 crore, being proposed to be allotted in one or more tranches/series, to the eligible investors permitted to invest in or subscribe to such debt under applicable laws.

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