India’s Walchandnagar board approves Rs. 570 million of debentures

By Sarah Lizee

Olympia, Wash., Sept. 19 – Walchandnagar Industries Ltd. informed the Bombay Stock Exchange that the allotment committee of its board of directors approved an issue of Rs. 570 million secured redeemable nonconvertible debentures.

The unlisted debt will be issued on a private placement basis.

The engineering company is based in Mumbai.

© 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.