Altico Capital plans to raise Rs 1250 crore by issuing NCDs

May 17, 2016

Altico Capital India will raise upto Rs 1250 crore by issuing Debentures on private placement basis. The proposal to raise the said amount will come up at company's board of director meeting to be held on May 19. "...to consider a proposal to raise funds through issuance of non-convertible debentures (NCDs) aggregating upto Rs 1,250 cr, in ore or more tranches," It said.

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