Through private placement of NCDs
Sadbhav Infrastructure Project announced that in the Finance and Investment Committee Meeting held on 11 January 2017, the Committee has approved allotment of 500 senior, taxable, secured, rated, listed, redeemable, non-convertible debentures aggregating Rs 50 crore having face value of Rs 10 lakh each under Tranche II of the Debenture Trust Deed executed on 19 September 2016 comprising of Series-A Debentures and Series-B Debentures of Rs 25 crore each.Further, the Company has raised Rs 50 crore under Tranche II by issue of said NCDs on private placement basis.
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