Dilip Buildcon Ltd allots 1000 NCDs

The debenture Committee of Directors of Dilip Buildcon Ltd has today allotted 1000 rated, senior, secured, listed, redeemable, non-convertible debentures, rupee denominated face value of Rs.10,00,000/- at par aggregating to Rs. 100.00 Crore (Rupees Hundred Crores only) in dematerialized form, bearing a coupon rate 8.75 % p.a. Annualized to identified investors on private placement basis, on terms and conditions as mentioned in the Information Memorandum for the said Issue.

Shares of Dilip Buildcon Ltd was last trading in BSE at Rs.255.9 as compared to the previous close of Rs. 250.95. The total number of shares traded during the day was 3804 in over 255 trades.

The stock hit an intraday high of Rs. 259.9 and intraday low of 253. The net turnover during the day was Rs. 976409.

Source : Equity Bulls

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