UltraTech Cement Plans to Raise Up To INR30 Billion Via Bond Issue

MT Newswires Live

2024/11/13

UltraTech Cement (NSE:ULTRACEMCO, BOM:532538) plans to raise up to 30 billion Indian rupees through a private placement of non-convertible debentures, according to a filing to the stock exchanges on Tuesday.

The company plans to issue up to 300,000 fully paid, unsecured, listed, rated, redeemable, rupee-denominated non-convertible, non-cumulative debentures of 100,000 rupees each in one or more tranches on or after Nov. 15.

Price (INR): ₹10840.00, Change: ₹-52, Percent Change: -0.48%

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