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

Board of Motherson Sumi Systems approves fund raising up to Rs 500 cr

Image
Capital Market
Last Updated : Apr 16 2020 | 10:16 AM IST

At meeting held on 16 April 2020

The Board of Motherson Sumi Systems at its meeting held on 16 April 2020, has approved the issuance of Listed, Secured, Redeemable, Non-convertible Debentures (NCDs), with an aggregate amount up to Rs.500 crore, on a private placement basis, in one or more tranches.

Powered by Capital Market - Live News

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

More From This Section

First Published: Apr 16 2020 | 10:01 AM IST

Next Story