Corporate News     15-Jun-24
Board of TARC approves raising funds to refinance NCDs
At meeting held on 15 June 2024
The Board of TARC at its meeting held on 15 June 2024 has accorded in-principal approval for raising funds from banks/ NBFCs and/or fresh issuance of non convertible debentures on private placement basis not exceeding Rs 750 crore to refinance the existing NCDs of the company.

The Board has also accorded its consent to redeem the existing NCDs and given its consent for change in terms and conditions of the NCDs, subject to such necessary approvals as may be required in order to reduce borrowing cost.

Previous News
  TARC reports standalone net profit of Rs 7.61 crore in the March 2023 quarter
 ( Results - Announcements 31-May-23   11:04 )
  TARC to convene AGM
 ( Corporate News - 14-Oct-21   13:37 )
  TARC to hold board meeting
 ( Corporate News - 15-Sep-23   11:07 )
  TARC to convene board meeting
 ( Corporate News - 08-Aug-22   12:43 )
  TARC consolidated net profit declines 4.49% in the December 2021 quarter
 ( Results - Announcements 15-Feb-22   11:50 )
  TARC reports consolidated net loss of Rs 51.75 crore in the March 2024 quarter
 ( Results - Announcements 27-May-24   17:22 )
  Board of TARC approves raising funds to refinance NCDs
 ( Corporate News - 15-Jun-24   12:59 )
  TARC gains on receiving OC for its Gurugram-based project
 ( Hot Pursuit - 28-Nov-22   14:03 )
  TARC to discuss results
 ( Corporate News - 05-Feb-24   20:01 )
  TARC consolidated net profit rises 54.15% in the September 2022 quarter
 ( Results - Announcements 17-Nov-22   14:26 )
  TARC reports consolidated net profit of Rs 1.54 crore in the March 2023 quarter
 ( Results - Announcements 31-May-23   11:33 )
Other Stories
  Board of Futuristic Solutions recommends final dividend
  18-Jun-24   17:34
  Cipla to invest additional EUR 3 million in Ethris GmbH
  18-Jun-24   17:19
  Varun Beverages allots 13,700 equity shares under ESOP
  18-Jun-24   17:07
  Foods & Inns allots 1.38 cr equity shares on conversion of warrants
  18-Jun-24   17:02
  Royal Orchid Hotels opens its 4th property - Regenta Inn, Gurugram
  18-Jun-24   16:59
  Source Natural Foods &Herbal Supplem. schedules board meeting
  18-Jun-24   16:35
  Macrotech Developers to convene AGM
  18-Jun-24   16:32
  HeidelbergCement India announces change in company secretary
  18-Jun-24   15:26
  Wanbury's Patalganga site clears USFDA inspection
  18-Jun-24   15:22
  Board of Dhanlaxmi Bank appoints MD & CEO
  18-Jun-24   14:59
Back Top