Jindal Power Ltd allots NCDs worth Rs. 500 crores

The Executive Sub-Committee of Directors of Jindal Power Limited, subsidiary of Jindal Steel & Power Limited has, at its meeting held on December 22, 2014 allotted 5,000 Privately Placed Rated Redeemable Unsecured Non-Convertible Debentures for cash at par aggregating to Rs.500 Crore in three series to the Kotak Mahindra Bank Limited.

Shares of JINDAL STEEL & POWER LTD. was last trading in BSE at Rs.145.55 as compared to the previous close of Rs. 137. The total number of shares traded during the day was 961882 in over 16043 trades.

The stock hit an intraday high of Rs. 146.65 and intraday low of 138.25. The net turnover during the day was Rs. 138346240.

Source : Equity Bulls

Keywords