01-01-1970 12:00 AM | Source: IANS
DLF to raise Rs 500 cr through pvt placement of NCDs
Realty major DLF's Finance Committee on Wednesday approved an issue of redeemable non-convertible debentures (NCD) with principal amount of Rs 500 crore through private placement.
The debenture will be issued in one or more tranches to certain eligible investors permitted to invest in the NCDs as per applicable laws, the company said in a market filing.
The secured, rated listed and redeemable NCDs will carry a coupon rate of 8.25 per cent (ie annualised equivalent of 7.95 per cent per annum payable per month).
Latest News
Buy Copper Above 843 SL. BELOW 838 TGT 849/853 - Axi...
Evening Roundup : A Daily Report on Bullion Energy &...
India cenbank cannot let its inflation guard down ju...
Archer Aviation aims to start electric air taxi tria...
Indian insurance industry in FY24: Non-life grew by ...
FIIs stood as net sellers in equities as per April 1...
India's Wheat Dilemma: Record Sales Deplete Stocks t...
Indian Life insurers end FY2023-24 on a high; post 1...
Daily Market Commentary : Nifty opened gap down on t...
Daily Market Analysis : Markets remained choppy for ...