Apollo Hospitals plans to raise Rs 200 cr

Apollo Hospitals Enterprise today said its board will meet next week to consider raising Rs 200 crore via issue of securities on a private placement basis.

The company's board would consider the issue of non convertible debentures (NCDs) of face value of Rs 10 lakh each aggregating to Rs 200 crore on a private placement basis, the company said in a regulatory filing.

The board is scheduled to meet on February 14.

The debentures would be listed on the wholesale debt market segment of the National Stock Exchange, it added.

Apollo Hospitals stock ended 1.12 per cent down at Rs 1,225.55 on BSE.