Chennai Petroleum Corporation raises Rs 775 cr via NCD issue

Chennai Petroleum Corporation has allotted 7750 Unsecured, Listed, Rated, Senior, Redeemable, Non-Cumulative, Taxable, Non-Convertible, Bonds in the Nature of Debentures (Series II - 2022) of Rs. 10 lakh each aggregating to Rs. 775 crore on Private Placement Basis for a tenor of 3 years on 23 June 2021 to meet the funding of CAPEX and financing business activities.

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