Saturday, December 06, 2025 | 01:50 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

IRB Infrastructure Developers to raise up to Rs 2220 cr via NCD issue

Image

Capital Market
IRB Infrastructure Developers has entered into definitive agreement with India Toll Roads - Foreign Portfolio Investor, for raising of funds by issuance of Non Convertible Debentures up to Rs 2220 crore. The proceeds will be utilised for repayment of existing loans up to Rs 1600 crore and balance for meeting capex requirements and general corporate purpose.

Powered by Capital Market - Live News

 

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Feb 10 2021 | 9:27 AM IST

Explore News