Sterlite Technologies Ltd allots NCDs for Rs. 100 crores

The Authorization and Allotment Committee of the Board of Directors of the Issuer ("Committee") at its meeting held on February 22, 2023 approved the allotment of 10,000 rated, listed, secured, redeemable, non-convertible debentures (the "NCDs") bearing a face value of INR 1,00,000 (Rupees One Lakh only) each, aggregating to INR 100,00,00,000 (Rupees One Hundred Crores Only) to the investors identified by the Authorised Official on February 21, 2023.

Shares of Sterlite Technologies Limited was last trading in BSE at Rs. 167.35 as compared to the previous close of Rs. 165.95. The total number of shares traded during the day was 34917 in over 1199 trades.

The stock hit an intraday high of Rs. 170.00 and intraday low of 163.05. The net turnover during the day was Rs. 5823408.00.

Source : Equity Bulls

Keywords

SterliteTechnologies INE089C01029 STL NCDs FundRaising