IndiaNivesh to issue NCDs

IndiaNivesh Ltd has announced that the Board of Directors of the Company at its meeting held on September 25, 2007 has accorded to the issue of 150 Secured, Redeemable, Non-Convertible Debentures of Rs 10,00,000/- each with a green shoe option of 50 bonds to be raised in one or more tranches (each a "Series") aggregating to Rs 15,00,00,000/- (Green shoe aggregating to Rs 5,00,00,000/-) on Private Placement basis.

Source : Equity Bulls

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