Religare to raise Rs 500 cr via NCDs

Image
Press Trust of India New Delhi
Last Updated : Feb 16 2019 | 4:45 PM IST

Religare Saturday said the company has got board approval for raising Rs 500 crore by way of issuance of non-convertible debentures on a private placement basis.

The board in its meeting held on Saturday gave approval for this, Religare said in a regulatory filing.

The approval of shareholders for the same will be sought through a postal ballot, it said.

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

More From This Section

First Published: Feb 16 2019 | 4:45 PM IST

Next Story