NIC India Limited Announces Allotment of Secured, Non-Cumulative, Non-Convertible, Redeemable, Taxable, Bonds (Series I of 2020) in the Nature of Debentures
January 27, 2020 at 06:58 pm IST
NLC India Limited announced that the company has allotted 5,250 nos. of Secured, Non-Cumulative, Non-Convertible, Redeemable, Taxable Bonds (Series I of 2020) in the nature of Debentures on January 27, 2020 at a coupon of 7.36% p.a. with a door to door maturity of 10 years, consequent to the bidding process held on January 23, 2020. With the above allotment the Company has issued Bond aggregating to INR 20,000 million.