Board Meeting24 Aug 2026, 10:55 am
Gabriel India Ltd Approves ₹1000 Cr Fund Raise Via NCDs
AI Summary
Gabriel India Limited's board of directors has granted in-principle approval for raising funds up to ₹1000 Crores through the issuance of senior, unsecured, rated, listed, redeemable, non-convertible debentures on a private placement basis. The board also approved the constitution of a Finance Committee to oversee the issuance of these debentures. The meeting was held on August 24, 2026.
Key Highlights
- Board approved raising up to ₹1000 Crores.
- Funds to be raised via non-convertible debentures.
- Issuance will be on a private placement basis.
- A Finance Committee has been constituted for oversight.
- Debentures will be listed on BSE.
Price Impact
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