Balrampur Chini Mills Ltd allots NCDs of Rs. 140 crore to HDFC Bank

The Executive Committee of the Board of Balrampur Chini Mills Limited at its meeting held today, has approved the allotment of 14,000 Senior, Unlisted, Secured, Rated, Redeemable, Non-Convertible Debentures having face value of INR 1 lakh each aggregating to Rs 140 crore, on a private placement basis, to HDFC Bank Limited, having its registered office at HDFC Bank House, Senapati Bapat Marg, Lower Parel, Mumbai - 400013.

Shares of Balrampur Chini Mills Limited was last trading in BSE at Rs. 358.95 as compared to the previous close of Rs. 360.05. The total number of shares traded during the day was 106326 in over 2112 trades.

The stock hit an intraday high of Rs. 363.20 and intraday low of 349.50. The net turnover during the day was Rs. 37925938.00.

Source : Equity Bulls

Keywords

BalrampurChiniMills INE119A01028 NCDs FundRaising HDFCBank