TAG: "NCD"
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Aditya Birla Renewables Raises INR 2,500 Crore Through NCD
Aditya Birla Renewables Ltd. (ABReL), a subsidiary of Grasim Industries, has raised up to INR 2,500 crores by allotting 2,50,000 unsecured, listed, rated, redeemable non-convertible debentures (NCDs). With a three-year maturity and an annual coupon rate of 8.60 percent, the issuance aims to support growth in renewable energy projects.
NCD | September 25, 2024 | By EI News Network | 765
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