Latest News | Inox Wind Board Approves Allotment of NCDs Worth Rs 199 Cr to Investors
Get latest articles and stories on Latest News at LatestLY. Inox Wind on Tuesday said a committee of its board has approved allotment of non-convertible debentures worth Rs 199 crore to identified investors.
New Delhi, Nov 10 (PTI) Inox Wind on Tuesday said a committee of its board has approved allotment of non-convertible debentures worth Rs 199 crore to identified investors.
"IWL's (Inox Wind Ltd) committee of the board of directors for operations...at its meeting held today i.e. 10 November, 2020, has approved the allotment of 1,990 rated, listed, secured, redeemable, non-convertible debentures," according to a BSE filing.
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The debentures have a face value of Rs 10 lakh each, aggregating to Rs 199 crore, it added.
The committee at its meeting on November 5 identified investors for this allotment.
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(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)