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Aspire Home Finance to raise Rs 500 cr via debt placement

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Press Trust of India New Delhi
Aspire Home Finance Corporation today said it plans to raise Rs 500 crore on a private placement basis.

The company's board of directors will meet on Wednesday to consider and approve the issue of up to 5,000 non-convertible debentures, the company informed the BSE.

"Aspire Home Finance Corporation Ltd...To consider and approve the offer, issue and allot up to 5,000 redeemable Non-Convertible Debentures (NCDs) of Rs 10,00,000 each aggregating to Rs 500 crore on private placement basis, in one or more tranches," it said in the filing.

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First Published: Aug 10 2015 | 5:57 PM IST

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