Anjani Portland Cement Ltd allots Non-Convertible Debentures worth Rs. 60 crores

Anjani Portland Cement Ltd has allotted 600 Rated, Taxable Secured, Guaranteed, Listed Redeemable Non-Convertible Debentures of the Face Value of Rs. 10,00,000 each (Rupees Ten Lacs Only) for a total size of Rs. 60.00 crores (Rupees Sixty Crores Only) in the form of Separately Transferable Redeemable Principal Parts ("STRPPs") and structured in form of two different series of Rs. 30 crore (Thirty crore only) each on a private placement basis to Tata Capital Financial Services Limited.

The Company has received a credit rating of CARE AA- (SO) for the above mentioned allotment.

Shares of ANJANI PORTLAND CEMENT LTD. was last trading in BSE at Rs.85.15 as compared to the previous close of Rs. 87.65. The total number of shares traded during the day was 1152 in over 32 trades.

The stock hit an intraday high of Rs. 89.45 and intraday low of 85.05. The net turnover during the day was Rs. 99221.

Source : Equity Bulls

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