Business Standard

Ashok Leyland to consider funds raising via NCD issue

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Capital Market

On 14 May 2020

Ashok Leyland announced that the Fund Raising Committee of the Board of Directors is proposed to be held on 14 May 2020 inter-alia to consider and issue secured, rated, listed, redeemable Non Convertible Debentures aggregating to Rs.300 crore with a green-shoe option of Rs.200 crore on private placement basis, in one or more tranches/series.

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First Published: May 12 2020 | 12:55 PM IST

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