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Board of Mercator allots NCDs aggregating Rs 100 crore

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Capital Market

At meeting held on 27 March 2018

The board of Mercator at its meeting held on 27 March 2018 has approved allotment of 1000 (One Thousand) Secured Unlisted Non-Convertible Debentures (NCDs) of the face value of Rs.10,00,000/- each, aggregating to Rs.100 crore, being a first tranche, to UTI Structured Debt Opportunities Fund I on a private placement basis.

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First Published: Mar 27 2018 | 8:27 PM IST

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