Business Update15 Jan 2024, 10:38 pm
IRB Infrastructure Developers Allots INR 520 Crore in NCDs to Company and GIC Affiliate
AI Summary
IRB Infrastructure Developers Limited has allotted Indian-rupee denominated unlisted, unsecured, redeemable, non-convertible debentures (NCDs) aggregating to INR 520 Crore on a private placement basis to the Company and GIC affiliate. The Company and GIC affiliate have contributed INR 265.20 Crore and INR 254.80 Crore respectively.,
Key Highlights
- IRB Infrastructure Developers allots INR 520 Crore in NCDs to Company and GIC Affiliate
- Private placement basis
- INR 265.20 Crore and INR 254.80 Crore contributed by Company and GIC affiliate respectively
- Ganga Expressway Project SPV