Salem Erode Investments Ltd to consider issue of NCDs for Rs. 8.94 crore

A Meeting of the board of directors of Salem Erode Investments Ltd is scheduled to be held on Thursday, 04th day of January, 2024 at the corporate office of the Company at V.K.K. Building, Main Road, Irinjalakuda, Thrissur, Kerala - 680121, to consider and approve offer & issue of 89,400 Unlisted, Secured, Redeemable, Non-Convertible Debentures of face value of Rs. 1000/- each, at par, aggregating to Rs. 8,94,00,000/ - (Rupees Eight Crores Ninety Four Lakhs Only) on private placement basis.

Shares of Salem Erode Investments Ltd was last trading in BSE at Rs. 40.00 as compared to the previous close of Rs. 41.88. The total number of shares traded during the day was 2214 in over 28 trades.

The stock hit an intraday high of Rs. 41.98 and intraday low of 39.45. The net turnover during the day was Rs. 88597.00.

Source : Equity Bulls

Keywords

SalemErodeInvestments INE894E01028 FundRaising NCDs