Salem Erode Investments board to consider NCD issue on Jan 13, 2022

A meeting of the Board of Directors of Salem Erode Investments Limited is scheduled to be held on Thursday, 13th day of January, 2022 at 01.00 P.M (IST)through audio/video mode.

The purpose of this meeting, is to offer 34,335 (Thirty-Four Thousand Three Hundred and Thirty-Five) Unlisted, Unrated, Secured, Redeemable, Non-Convertible Debentures of face value of Rs. 1000/- each, at par, aggregating to Rs. 3,43,35,000/- (Rupees Three Crores Forty-Three Lakhs and Thirty-Five Thousand only) on private placement basis.

Shares of Salem Erode Investments Ltd was last trading in BSE at Rs. 12.16 as compared to the previous close of Rs. 11.59. The total number of shares traded during the day was 50 in over 1 trades.

The stock hit an intraday high of Rs. 12.16 and intraday low of 12.16. The net turnover during the day was Rs. 608.00.

Source : Equity Bulls

Keywords

SalemErodeInvestments INE894E01028 NCDs FundRaising