US EditionJSW Steel To Raise Rs 14,000 Crore Via Bonds, Equity To Fund Capex
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JSW Steel To Raise Rs 14,000 Crore Via Bonds, Equity To Fund Capex
JSW Steel Ltd. on Friday approved plans to raise up to Rs 14,000 crore via debt and equity.The board cleared a proposal to raise Rs 7,000 crore via qualified institutional placement and Rs 7,000 crore through non-convertible debentures with warrants that are convertible into equity shares, according to a stock exchange filing.Moreover, the board approved the issuance of NCDs up to Rs 5,000 crore, by way of private placement or public issuance, i…
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