PowerGrid issues non-convertible bonds worth Rs 600 cr
Power Grid Corporation of India informed that the Committee of Directors for Bonds, in their meeting held today i.e. on 24th March, 2023, have approved the raising of Unsecured, Non-convertible, Non-cumulative, Redeemable, Taxable POWERGRID Bonds-LXXII (72nd) Issue 2022-23 on Private placement upto Rs. 600 cr, via an exchange filing. The issue is by securitization of cashflows of 10 years
Powergrid Nm Transmission Limited Power Grid Corporation Of India Committee Of Directors Power Grid Corporation Listing Obligations Disclosure Requirements
Source: freepressjournal.in