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Prism Cement to raise Rs 200 cr via NCDs

Press Trust of India  |  New Delhi 

will raise Rs 200 crore through issuance of non-convertible debentures (NCDs) on private placement basis.

"The Board of Directors of the company at its meeting held on November 30, 2016 approved issue of secured, rated, listed, non-convertible, redeemable taxable debentures - Tranche VIII (NCDs) aggregating Rs 200 crore on private placement basis," said in a filing.

of were trading 1.91 per cent higher at Rs 93.50 apiece on

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

First Published: Wed, November 30 2016. 13:57 IST