UltraTech Cement (NSE:ULTRACEMCO, BOM:532538) has raised 20 billion Indian rupees through the allotment of Unsecured redeemable non-convertible debentures on a private placement basis, according to a Wednesday filing to the Indian stock exchanges.
The debentures were allotted in two series with a coupon rate of 7.34%. While the Series I debenture of 10 billion rupees will mature on March 3, 2028, the Series 2, also of 10 billion rupees, will mature on March 5, 2030.
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