Corporate News 27-Feb-17
Board of Electrosteel Castings approves private placement of NCDs aggregating Rs 200 crore
At meeting held on 27 February 2017
Electrosteel Castings announced that the Banking and Authorisation Committee of the Board of Directors of the Company at its meeting held on 27 February 2017, inter alia, has approved the issuance of debt securities in the nature of Unlisted Secured Redeemable Non-Convertible Debentures in two series ie. Series VI and Series VII aggregating Rs 200 crore on private placement basis.
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