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Board of JSW Energy approves private placement of NCDs up to Rs 750 cr

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Capital Market

At meeting held on 27 December 2016

JSW Energy announced that the Board of Directors of the Company at its meeting held on 27 December 2016 approved raising of long term funds through issuance of redeemable non-convertible debentures upto Rs 750 crore by way of private placement. The issue proceeds would be used for the general corporate purpose, business operations, working capital and repayment of existing debt of the company.

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First Published: Dec 27 2016 | 12:50 PM IST

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