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NMDC approves allotment of NCDs aggregating Rs 523.80 cr

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Capital Market

On private placement basis

NMDC announced that the Debenture Committee of the Board on 28 August 2020 has approved the allotment of unsecured, non-convertible, redeemable, taxable bonds of Rs 10 lakh each in the nature of non-convertible debentures aggregating to Rs 523.80 crore at an interest rate of 7.30% per annum, on private placement basis.

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First Published: Aug 31 2020 | 9:18 AM IST

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