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%
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.