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Religare to raise Rs 500 cr via NCDs

Press Trust of India  |  New Delhi 

Saturday said the company has got board approval for raising Rs 500 crore by way of issuance of non-convertible debentures on a private placement basis.

The board in its meeting held on Saturday gave approval for this, said in a regulatory filing.

The approval of shareholders for the same will be sought through a postal ballot, it said.

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

First Published: Sat, February 16 2019. 16:45 IST