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Embassy Office Parks REIT allots NCDs aggregating Rs 750 cr

Capital Market 

On private placement basis

The Debenture Committee of the Board of Directors of Embassy Office Parks Management Services, Manager of Embassy Office Parks REIT, at its meeting held on 09 September 2020, has approved the allotment of 7,500 rupee denominated, listed, rated, secured, redeemable, transferrable, non-convertible debentures (NCDs) of Rs. 10 lakh per debenture, aggregating to Rs.750 crore on a private placement basis under Tranche A.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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First Published: Wed, September 09 2020. 14:01 IST