New Delhi, Aug 26 (PTI) NLC India on Thursday said it has raised Rs 500 crore by issuing commercial paper.

As many as 10,000 commercial papers of "a face value of Rs 5,00,000 each, aggregating to Rs 500 crores have been issued and allotted on 25.08.2021", NLC India said in a filing to the BSE.

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NLC India, a navratna company under the Ministry of Coal, is into coal and lignite mining and power generation.

(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)