Energy utility CESC Ltd on Friday mentioned it obtained board’s approval for elevating Rs 100 crore from Axis Financial institution via problem of non-convertible debentures on non-public placement foundation.
The committee of the board of administrators at its assembly authorized the allotment of 10,000 secured, unlisted, redeemable, rated non-convertible debentures having a face worth of Rs 1,00,000 every aggregating to Rs 100 crore on a personal placement foundation to Axis Financial institution Restricted, CESC mentioned in a regulatory submitting.
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First Printed: Dec 29 2023 | 1:53 PM IST
