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Jagran Prakashan to redeem NCDs aggregating Rs 29 crore

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Capital Market

Held by Jagran Media Network Investment

Jagran Prakashan announced that the Board of Directors has decided to redeem 2,900 unlisted unsecured non-convertible debentures of Rs. 1 lakh each aggregating to Rs. 29 crore, held by Jagran Media Network Investment, holding Company of the Company, along with redemption premium at coupon rate of 6.5% p.a.

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First Published: Dec 14 2016 | 6:30 PM IST

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