Sadbhav Engg approves allotment of NCDs worth Rs20cr on private placement basis

Total 2,000 Non-convertible Debentures (NCDs) to the applicants will be allotted having a face value of Rs1 lakh.

March 01, 2021 4:54 IST India Infoline News Service

Sadbhav Engineering Limited on Friday approved allotment of 2,000 secured, unrated, unlisted, redeemable, Non-convertible Debentures (NCDs) to the applicants totally aggregating to Rs20cr having face value of Rs1 lakh each on a Private Placement basis.

Sadbhav Engineering Ltd trade on Monday ended at Rs73 per piece down by Rs0.45 or 0.61% from its previous closing of Rs73.45 per piece on the BSE.

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