“The company has approved the allocation of unsecured redeemable non-convertible bonds up to Rs 1,000 on a private placement basis,” UltraTech said in a regulatory filing.
The coupon rate for these NCDs is 4.57% per year, Indian National Stock Exchange.. The company added that the NCD has a holding period of 2 years and 358 days.
Shares of UltraTech Cement were trading at BSE for Rs 5,284.80, down 0.79%.
UltraTech Cement Ltd. : UltraTech Cement raises Rs 1,000 via NCD on a private placement basis
https://economictimes.indiatimes.com/markets/stocks/news/ultratech-cement-raises-rs-1000-crore-via-ncds/articleshow/80110907.cms UltraTech Cement Ltd. : UltraTech Cement raises Rs 1,000 via NCD on a private placement basis