Sundram Fasteners has obtained board's approval to mop up INR 3 billion via issuance of non-convertible debentures (NCDs) on private placement basis. These NCDs are expected to be listed in one or more than one bourses. The firm will utilize the proceeds to boost its long term resources in order to meet capital expenditure and working capital needs.
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5-day change | 1st Jan Change | ||
1,382 INR | 0.00% | -1.82% | +10.63% |
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1st Jan change | Capi. | |
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+10.63% | 347.42Cr | |
+20.40% | 4.76TCr | |
-18.57% | 1.97TCr | |
+30.84% | 1.73TCr | |
-6.90% | 1.67TCr | |
+97.11% | 1.64TCr | |
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-20.36% | 1.28TCr | |
-23.95% | 1.28TCr | |
+58.20% | 1.24TCr |
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- Sundram Fasteners to Mop Up INR 3 Billion Via Issuance of Non-Convertible Debentures on Private Placement Basis