Board of JMC Projects (India) approves fund raising up to Rs 150 cr

Capital Market 

At meeting held on 24 May 2018

The Board of Projects (India) at its meeting held on 24 May 2018 has approved raising of funds by way of issue of Secured / Unsecured Redeemable Non-Convertible Debentures (NCDs) for an aggregate amount upto Rs. 150 crore (Rupees One Hundred Fifty Crores only) in one or more series / tranches, on private placement basis, subject to the approval of the members at the ensuing AGM.

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First Published: Thu, May 24 2018. 16:15 IST