US EditionGrasim Industries Approves Issue Of NCDs Up To Rs 1,000 Crore
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Grasim Industries Approves Issue Of NCDs Up To Rs 1,000 Crore
Grasim Industries Ltd. approved on Monday the issue of non-convertible debentures worth Rs 1,000 crore on a private placement basis, according to an exchange filing.In a meeting, the board of directors' finance committee approved the issuance of fully paid, unsecured, listed, rated, redeemable, rupee denominated, non-convertible debentures of Rs 1 lakh per debenture in one or more tranches, it said.A non-convertible debenture is a fixed-income i…
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