JSW Energy Limited to raise Rs. 175 crore through NCDs

The Board of Directors of JSW Energy Limited had approved the raising of funds upto Rs.2,500 crore through the issuance of Redeemable Non-Convertible Debentures by way of Private Placement and had authorized the Finance Committee to decide on all matters relating to the proposed issuance of the Debentures including finalization and approval of the detailed terms of issue, please note that at its meeting held today, the Finance Committee approved the allotment of 1,750 Secured, Redeemable, Rated, Listed, Taxable, Non-Convertible Debentures of ₹10,00,000 (Rupees Ten Lakhs) each aggregating to ₹1,75,00,00,000 (Rupees One Hundred Seventy Five Crore only).

Shares of JSW Energy Ltd was last trading in BSE at Rs.83.7 as compared to the previous close of Rs. 87.1. The total number of shares traded during the day was 621120 in over 3195 trades.

The stock hit an intraday high of Rs. 89.45 and intraday low of 82.45. The net turnover during the day was Rs. 52952268.

Source : Equity Bulls

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