Trucking News
Ashok Leyland board to consider to raise Rs 200 crore

ASHOK LEYLAND BOARD TO RAISE QUICK Rs 200 CRORE

Fund panel board is proposed to meet on June 19 to consider to raise Rs 200 crore through issue secured, rated, listed, redeemable non convertible debentures aggregating to Rs 200 crore on private placement basis.

PTI, June 16, 2020

New Delhi: Hinduja Group, owner of Ashok Leyland on Tuesday said its board will meet in the not so distant future to talk about arrangement to raise Rs 200 crore by means of issue of securities.

A gathering of the raising money advisory group of the board is proposed to be met on June 19 to consider to issue secured, rated, listed redeemable non convertible debenture debentures of Rs 200 crore on private position basis, in at least one tranches, the business vehicle producer said in an administrative documenting.

The organization, be that as it may, didn’t common purposes behind raising the capital.

Add comment

Follow us

Don't be shy, get in touch. We love meeting interesting people and making new friends.

Most popular

Most discussed