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S&P
BSE SENSEX
73,878.15
-732.96
-0.98 %
Corporate Announcement
Security Code
533262
Company
RAMKY INFRASTRUCTURE LTD.
Exchange Received Time
02/04/2024 11:14:54
Exchange Disseminated Time
02/04/2024 11:14:54
Time Taken
00:00:00
Allotment Of 3,000 INR Denominated, Secured, Unlisted, Unrated, Redeemable, Non-Convertible Debentures By Srinagar Banihal Expressway Limited, A Material Subsidiary Of The Company |
04/02/24 11:14
Thsi is to inform the stakeholedrs that Srinagar Banihal Expressway Limited (SBEL), a material subsidiary of Ramky Infrastructure Limited (RIL) has allotted 16% Secured, Unlisted, Unrated, Redeemable, Non-Convertible Debentures (NCDs) to two investors to the extent of INR 300 Crores. One of the subscribers to this NCD happens to be a member of the promoter group of RIL. The proceeds from the debentures are used for the repayment of part of the outstanding Inter Corporate Deposit (ICD) that was borrowed from member of the promoter group of RIL to facilitate settlement of the One Time Settlement obligation to the erstwhile lenders on stipulated due date being 31st January, 2024, which was reported earlier. This is for your kind information and record.
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