On private placement basisThe Board of IRB Infrastructure Developers at its meeting held on 22 February 2021 has approved the allotment of Unlisted, Unrated, Secured, Redeemable, Nonconvertible Debentures aggregating to Rs 2,184.55 crores on a private placement basis to India Toll Roads. For this purpose, the Company has executed the Debenture trust deed and other transaction documents.
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On 18 January 2021The Board of IRB Infrastructure Developers will meet on 18 January 2021 to consider and approve increase in limit of raising of funds through various options including by way of issuance of debt securities, including non- convertible debentures, through permissible routes, in the onshore/offshore market, by public issue and/ or on private placement basis, subject to market conditions.
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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) Dear Reader,
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue