Stock Report

TARC Limited raises Rs. 1330 crores through NCDs, repays debt



Posted On : 2022-05-02 15:42:03( TIMEZONE : IST )

TARC Limited raises Rs. 1330 crores through NCDs, repays debt

TARC Limited has successfully raised INR 1330 Crores by way of issuance of Secured Non-Convertible Debentures. The funds have been used to retire the entire loans of the Company.

Accordingly, all existing loans of the Company stand paid off as at April 29, 2022.

Source : Equity Bulls

Keywords

TARC FundRaising NCDs DebtRepayment