 "United Spirits allots NCDs worth Rs 750 cr on private placement basis")
The company has alloted 7,500 rated, unlisted, secured and redeemable NCDs of face value Rs 10 lakh each aggregating Rs 750 crore, United Spirits said in a regulatory filing.
The tenure of the debentures is three years and the interest offered is 7.5 per cent per annum, it added.
United Spirits stock closed 1.03 per cent up at Rs 3,671.15 apiece on BSE today.