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Board of JMC Projects (India) approves issue of NCDs aggregating Rs 150 crore

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Capital Market
Last Updated : Jul 03 2017 | 2:01 PM IST

At meeting held on 03 July 2017

JMC Projects (India) announced that the Board of Directors at its meeting held on 03 July 2017 has considered and approved raising of funds by way of issue of Secured / Unsecured Listed Non-Convertible Debentures (NCDs) for an aggregate amount up to Rs. 150 crore (Rupees One Hundred Fifty Crore only) in one or more series / tranches, on private placement basis, subject to the approval of the members at the ensuing Annual General Meeting.

The Board of Directors also approved the Notice convening 31st Annual General Meeting of the members of the Company scheduled to be held on 10 August 2017.

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First Published: Jul 03 2017 | 1:41 PM IST

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