Board Meeting29 Dec 2023, 04:37 pm
POWERGRID Raises Rs. 2200 Crore in Third Tranche of Bonds
AI Summary
The Board of Directors of POWERGRID has approved the raising of Rs. 2,200 crore towards the third tranche of bonds as Unsecured, Non-convertible, Non-cumulative, Redeemable, Taxable POWERGRID Bonds - LXXV (75th) Issue under Private Placement. The issue has been approved by the Committee of Directors for Bonds and is in compliance with SEBI regulations.,
Key Highlights
- Raised Rs. 2,200 crore in third tranche of bonds
- Unsecured, Non-convertible, Non-cumulative, Redeemable, Taxable POWERGRID Bonds - LXXV (75th) Issue
- Approved by Committee of Directors for Bonds and in compliance with SEBI regulations