Bharat Hotels to raise Rs 40 crore through NCDs

Bharat Hotels Ltd has announced that the Company has the Intention to raise funds through new debt securities in the form of 400 Secured Redeemable Non-Convertible Debentures (NCDs) of Rs. 10.00 Lacs each aggregating to Rs. 40,00 crores (NCDs) through private placement basis and the Company will proposed to list the same on the stock Exchange.

Source : Equity Bulls

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