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Board of IRB Infrastructure Developers approves private placement of NCDs for Rs 1400 cr

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Capital Market
Last Updated : Dec 06 2019 | 5:31 PM IST

At meeting held on 06 December 2019

The Board of IRB Infrastructure Developers at its meeting held on 06 December 2019 has approved the issuance of Secured, Redeemable, Unlisted Non-Convertible Debentures (NCDs) amounting to Rs. 1,400 crore on a private placement basis, being proposed to be allotted in one or more tranches/series.

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First Published: Dec 06 2019 | 5:19 PM IST

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