In Short : Vedanta Ltd plans to raise ₹5,000 crore through non-convertible debentures (NCDs) to support business operations and a planned demerger. The move follows a strong Q4 showing, with a 154% profit surge to ₹3,483 crore and revenue rising to ₹41,216 crore. The NCDs will be listed on the BSE, enhancing financial flexibility and […]
Embassy Reit raises Rs 1,050 cr through NCDs – EQ Mag
Embassy Office Parks REIT expects to secure interest savings of approximately 138 basis points Embassy Office Parks REIT or Embassy REIT, the first listed Real Estate Investment Trust (REIT) in India, announced the debt raise of Rs 1,050 crore through non-convertible debentures (NCDs) on Monday. The purpose of this fundraise is to refinance bank loans […]
PFC Rs 5K cr bonds issue over-subscribed, closed 11 days ahead of schedule
Power Finance Corporation (PFC) has planned to raise Rs 10,000 crore through bonds in two tranches. State-run Power Finance Corporation’s Rs 5,000 crore taxable non-convertible debentures (NCDs) issue was subscribed close to nine times on Monday and closed for subscription 11 days ahead of the schedule, according to the BSE data. Power Finance Corporation (PFC) […]
CLP Wind Farms raises Rs 300 cr through non-convertible debentures
The company said the move will help sustain the expansion of its renewable energy portfolio in alignment with the company’s vision to invest in low-carbon footprint businesses CLP Wind Farms, a subsidiary of CLP India, on Wednesday said it has raised Rs 296.9 crore through the issuance of rated, secured, unlisted, redeemable and non-convertible debentures. […]