non-convertible debentures

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    CBI Charges Anil Ambani and Reliance Communications with Fraud Against LIC

    New Delhi, April 1 The CBI registered a new case against industrialist Anil Ambani and Reliance Communications Ltd on Wednesday, alleging that they caused a loss of ₹3,750 crore to the Life Insurance Corporation (LIC) of India, officials said.The CBI has filed the case on charges of...
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    CBI Case Unveils Allegations of Fraud Against Reliance Communications

    New Delhi, April 1 – The Central Bureau of Investigation registered a case against Reliance Communications Ltd (RCom), Anil Ambani, unknown public servants, and others on Wednesday, alleging that they caused wrongful loss of ₹3,750 crore to the Life Insurance Corporation (LIC) of India.The...
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    Lodha Developers Issues ₹500 Crore Debentures

    New Delhi, March 30 Lodha Developers Ltd, a real estate firm, announced on Monday that it has raised ₹500 crore by issuing debentures.In a regulatory filing, the company stated that the board has approved the allotment of 50,000 non-convertible debentures (NCDs) of ₹1 lakh each, totaling ₹500...
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    CIRP Narrowed: NCLAT Modifies Insolvency Order

    New Delhi, March 30 Providing partial relief to NCR-based realty firm Vatika, the NCLAT has restricted the insolvency proceedings against it to a specific Gurgaon-based project, Project Aspirations.Modifying the order passed by the National Company Law Tribunal (NCLT), the appellate tribunal...
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    Infrastructure Growth: NDR InvIT Boosts Warehouse Portfolio with Bond Issuance

    Mumbai, March 25 NDR InvIT Trust announced on Wednesday that it has raised ₹410 crore through the issuance of bonds, primarily for acquiring a logistics and warehousing portfolio across key markets in the country.The issuance was led by the International Finance Corporation (IFC), with...
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    Vedanta Debt Refinancing Driven by Strong Investor Interest

    New Delhi, March 15 Vedanta Ltd is set to raise ₹2,575 crore through an issue of non-convertible debentures (NCDs) after strong demand from institutional investors, including ICICI Prudential Mutual Fund, Kotak Mutual Fund, and Aditya Birla Sun Life Mutual Fund, sources familiar with the...
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    Private Placement: Torrent Power Issues Rs 2,000 Cr Debentures

    New Delhi, March 9 Torrent Power announced on Monday that it has raised Rs 2,000 crore through the issuance of non-convertible debentures (NCDs) through a private placement.The company issued 200,000 NCDs of Rs 1 lakh each, totaling Rs 2,000 crore, as stated in a regulatory filing.The...
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    Funding Boost for Motilal Oswal: Expanding Access to Sustainable Housing

    Mumbai, March 4 Motilal Oswal Home Finance announced on Wednesday that it has signed an agreement to raise USD 100 million in non-convertible debentures (NCDs) from the Asian Development Bank (ADB) to expand lending to women borrowers and promote green-certified affordable housing projects.The...
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    MEL's Improved Financial Profile Supported by Power Agreement

    New Delhi, February 25 Vedanta Ltd said that its subsidiary, Meenakshi Energy Ltd (MEL), has secured a long-term rating of AA- and a short-term rating of A1+ from CRISIL Ratings for its proposed bank borrowings.Securities with an AA rating are considered to have a high degree of safety...
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    Settlement Agreement Leads to Withdrawal of NCLAT Insolvency Petition

    New Delhi, February 22 The National Company Law Appellate Tribunal (NCLAT) has directed the withdrawal of insolvency proceedings against realty firm Mahagun after it has reached an agreement with its financial creditor.A two-member bench of the National Company Law Appellate Tribunal (NCLAT)...
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