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Board of NLC India approves fund raising by way of issue of CPs and bonds

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Capital Market

At meeting held on 18 March 2020

The Board of NLC India at its meeting held on 18 March 2020 has approved the following -

(i) Issuance of Commercial Paper upto Rs. 6,000 crore in tranches inclusive of already a proved issuance of commercial paper limit of Rs. 2000 crore and
(ii) Issuance of Bonds in the nature of Debentures upto Rs. 5,000 crore in tranches.

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First Published: Mar 18 2020 | 6:37 PM IST

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