Latest News | Dilip Buildcon Raises Rs 200 Cr Through NCDs

New Delhi, Jun 29 (PTI) Dilip Buildcon on Monday said it has raised Rs 200 crore through an issue of non-convertible debentures (NCDs) on a private placement basis.

"The debenture Committee of Directors of the Company has today allotted 2,000 rated, senior, secured, listed, redeemable, non-convertible debentures, rupee denominated face value of Rs 10,00,000/- at par aggregating to Rs 200 crore ln dematerialized form," the company said in a regulatory filing to the BSE.

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The allotment has been made to identified investors on private placement basis, it said.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)