Don’t miss the latest developments in business and finance.

Board of Jindal Stainless approves fund raising up to Rs 3500 cr

Image
Capital Market
Last Updated : Feb 07 2022 | 4:05 PM IST

At meeting held on 07 February 2022

The Board of Jindal Stainless at its meeting held on 07 February 2022 has approved to raise funds along with any other co-issuer, by way of issue of debt securities including secured or unsecured non-convertible redeemable debentures or bonds or commercial paper or notes (listed/unlisted) or any combination thereof, through private placement basis or otherwise, in one or more tranches or any other method in the domestic/ international market as may be permitted under the applicable law(s) up to an aggregate principal amount of Rs. 3,500 crore or its equivalent in any freely convertible foreign currency.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Feb 07 2022 | 3:54 PM IST

Next Story