Tag Archives: non-convertible debentures

NEW DELHI: State-run power major NTPC Ltd on Saturday said its board has approved a proposal to raise up to Rs 18,000 crore through issuance of non-convertible debentures (NCDs) or bonds via private placement in the domestic market.According to a regulatory filing, the company’s board gave its nod during a meeting held earlier in the day, and also cleared a …

MUMBAI: L&T plans to raise Rs 12,000 crore through debt instruments for its financial requirements while announcing organisational modifications at the $27-billion company. It will explore non-convertible debentures, external commercial borrowings, and term loans, with detailed terms to be disclosed upon finalisation.On Friday, Subramanian Sarma, who currently leads the energy unit, was promoted to the position of deputy MD of …