Business Standard

Saturday, December 28, 2024 | 10:01 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Board of Mercator approves private placement of NCDs aggregating Rs 30 crore

Image

Capital Market

At meetind held on 29 June 2018

The Board of Mercator has approved allotment of 300 Secured Unlisted NCDs of face value of Rs 10 lakh each, aggregating Rs 30 crore being second tranche, to UTI Structured Debt Opportunities Fund I on a private placement basis. The entire proceeds of the above NCDs issue will be utilized to repay existing debts and general corporate purposes.

Powered by Capital Market - Live News

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

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jun 29 2018 | 4:26 PM IST

Explore News