Investment19 May 2024, 01:57 am
Centrum Capital Ltd. Approves Raising Funds up to Rs. 1000 crore
AI Summary
Centrum Capital Ltd.'s Board of Directors, in a meeting held on May 17, 2024, approved raising funds up to Rs. 1000 crore through the issuance of securities. The securities could be in the form of Non-Convertible Debentures, equity shares, or other securities convertible into equity shares, per the provisions of the applicable law.
Key Highlights
- Centrum Capital Ltd. plans to raise funds up to Rs. 1000 crore
- Funds can be raised via Non-Convertible Debentures or other securities
- The board will determine pricing based on market conditions