India’s Sadbhav plans Rs. 1.9 billion redeemable debentures

By Sarah Lizee

Olympia, Wash., Sept. 11 – Sadbhav Engineering Ltd. informed the Bombay Stock Exchange that it plans to allot Rs. 1.9 billion of unsecured redeemable nonconvertible debentures on Sept. 14.

The 1,900 debentures, with a face value of Rs. 1 million each, will be issued on a private placement basis.

The issue will open and close on Wednesday, according to the notice.

Sadbhav is a civil engineering company based in Ahmedabad, India.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.