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IRB Infrastructure raises Rs 150 crore through Non-Convertible Debentures
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IRB Infra Developers announced that it had raised Rs 150 crore via allotment of Non -Convertible Debentures on a private placement basis on Wednesday.

IRB Infrastucture stated in a BSE filing, that the management administration and share transfer committee of the BOD of the firm had allotted 9.55% of secured, redeemable, listed, rated NCDs (Non-Convertible Debentures) of face value of Rs10 lakh each for cash at par, aggregating to Rs150 crore on a private placement basis to eligible investors.

IRB Infrastructure Developers Limited (1) is an Indian highway construction company that executed its first build-operate-transfer (BOT) road project, which is among the largest operators of such ventures.

Dilip Buildcon stated that it had raised Rs200 crore through NCDs in a separate BSE filing. Buildcon has issued and allotted 2,000 senior, secured, listed, rated, redeemable NCDs rupee-denominated face value of Rs10 lacs bearing a coupon rate 8.67% p.a, on private placement basis.

Dilip Buildcon Limited is among the leading full infrastructure companies with construction capabilities in roads & bridges, mining, water sanitation, sewage dams, irrigation industrial, commercial, and residential buildings with a presence in over 17 states.

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A passionate writer with bachelor’s in the field of English & Journalism. Other than being a bibliophile, some of her hobbies are travelling, photography and poetry.

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Saumya Uniyal
Saumya Uniyal
A passionate writer with bachelor’s in the field of English & Journalism. Other than being a bibliophile, some of her hobbies are travelling, photography and poetry.
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