Religare gets govt nod for raising Rs 500 cr by issuance of NCDs
- Country:
- India
Religare 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, Religare said in a regulatory filing. The approval of shareholders for the same will be sought through a postal ballot, it said.
(With inputs from agencies.)
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