Vedanta raises ₹3,400 cr via NCDs
Parent Vedanta Resources gets board nod to postpone maturity of $3.2 bn in outstanding corporate bonds.
non convertible debentures
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June 2021
Titan Company to raise ₹2,500 cr via NCDs; stock surges
The Titan board also approves availing of long-term borrowings in long-term unsecured loans up to ₹1,000 cr
Adani Ent raises ₹700 cr via NCDs; stock surges
Development comes days after Abu Dhabi-based IHC recently raised its stake in Adani Ent to above 5%
Vedanta to raise up to ₹2,500 cr via NCDs; stock hits fresh 52-week low
The committee of directors of Vedanta on Thursday approved raising up to ₹2,500 crore through the issuance of NCDs in one or more tranches.
PNB Housing Finance shares rise 2% on fundraising plan
The board of PNB Housing Finance has approved the issuance of non-convertible debentures aggregating up to ₹5,000 crore on a private placement basis.
Adani Transmission to raise ₹1,500 cr via NCDs; stock falls 3% on weak Q2
The board of Adani Transmission on Wednesday gave approval for the issuance of non-convertible debentures (NCDs) worth ₹1,500 crore in one or more tranches.
No paucity of funds, need to enhance pace of highway construction: Gadkari
Transport minister Nitin Gadkari says mega infrastructure development is needed for the $5-trillion economy dream of PM Narendra Modi.
What lies ahead for secured debentures
To stimulate a vibrant debt market, a balanced approach is necessary to ensure that investors and issuers are not deprived of the NCD route as a viable means of financing.
