JMC Projects India Ltd allots NCDs for Rs. 100 crores

The Management Committee of the Board of Directors of JMC Projects (India) Limited at its meeting held today i.e. November 04, 2022 has allotted 1000 Repo Rate, Unsecured, Rated, Listed, Redeemable Non-Convertible Debentures of the face value of Rs. 10,00,000/- (Rupees Ten Lakh Only) each, for an aggregate nominal value of Rs. 100,00,00,000/- (Rupees One Hundred Crore Only) divided in Series A Debentures (500 Nos.) and Series B Debentures (500 Nos.) issued on private placement basis.

The said NCDs will be listed on Wholesale Debt Market Segment of BSE Limited.

Shares of JMC Projects (India) Limited was last trading in BSE at Rs. 109.75 as compared to the previous close of Rs. 111.00. The total number of shares traded during the day was 31218 in over 1855 trades.

The stock hit an intraday high of Rs. 110.80 and intraday low of 107.45. The net turnover during the day was Rs. 3419013.00.

Source : Equity Bulls

Keywords

JMCProjectsIndia INE890A01024 NCDs FundRaising