Kalpataru Projects Raises Rs 300 Crore Via NCDs
Kalpataru Projects International has successfully raised Rs 300 crore through the issuance of Non-convertible Debentures (NCDs) on a private placement basis. These NCDs will be listed on the BSE Ltd's wholesale debt market segment.
- Country:
- India
Kalpataru Projects International has successfully raised Rs 300 crore by issuing Non-convertible Debentures (NCDs) on a private placement basis, the company announced on Thursday.
According to a regulatory filing, the NCDs, valued at Rs 1,00,000 each, will be listed on the wholesale debt market segment of BSE Ltd. This move marks a significant step in the company's financing strategy.
The issuance includes a total of 30,000 NCDs, highlighting the firm's strategy to leverage market opportunities for growth.
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