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Corporate
IVRCL Infra issues secured redeemable NCDs

MUMBAI: IVRCL Infrastructures & Projects Ltd has informed the BSE that pursuant to SEBI Regulations, 2008, the company issued 1,050 Secured Redeemable Non-convertible Debentures of Rs. 10 lakh each for cash at par, aggregating to Rs. 105 crore to eight b anks, with a coupon rate of 8.85% p.a. payable yearly, repayable at the end of 17 months. The NCDs would be listed on the National Stock Exchange Ltd. The debentures have been allotted on November 27.

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