Intrepid Finance And Leasing Pvt Ltd announces proposal to raise funds of Rs. 25 Crores through NCD

Intrepid Finance And Leasing Pvt Ltd has proposed to raise funds through issue of new 150 non-convertible debentures (NCD) each having a face value of Rs. 10,00,000/- (Rupees Ten Lakhs only) to the aggregate nominal value of Rs. 15,00,00,000/- with a maturity value of 72 months and 100 non-convertible debentures (NCD) each having a face value of Rs. 10,00,000/- (Rupees Ten Lakhs only) to the aggregate nominal value of Rs. 10,00,00,000/- with a maturity value of 36 months through private placement and the proposal to raise such funds will be placed before the meeting of the Board of Directors to be held on May 31, 2016.

Source : Equity Bulls

Keywords