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Board of Welspun India approves raising funds upto USD 100 mn via debt issue

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Capital Market

At meeting held on 03 March 2021

The Board of Welspun India at its meeting held on 03 March 2021 has approved raising of borrowing of upto a maximum of USD 100 million(approximately Rs. 750 crore) in one or more form or instruments, including but not limited to loans, ESG Bonds, nonconvertible debentures (NCDs), ECBs, etc., may be raised in form of domestic or overseas issuance or both, or any combination of loans, ESG Bonds, NCDs, ECBs, etc., in one or more tranches.

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First Published: Mar 04 2021 | 8:52 AM IST

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