Sunday, December 21, 2025 | 04:41 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Board of Bajaj Electricals approves raising up to Rs 500 cr via NCDs/ CPs

Image

At meeting held on 14 May 2024

The Board of Bajaj Electricals at its meeting held on 14 May 2024 has approved a proposal to obtain an enabling approval of shareholders, at their forthcoming 85th AGM, to borrow funds from time to time (if required) by way of issuance of unsecured non-convertible debentures and/or commercial papers, upto an amount not exceeding Rs.500 crore to the eligible investors on a private placement basis, in one or more tranches, considering the prevailing money market conditions at the time of borrowing.

Powered by Capital Market - Live News

 

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: May 14 2024 | 2:57 PM IST

Explore News