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Srei Infrastructure Finance Ltd said that it will raise up to Rs 1,500 crore by public issue of non-convertible debentures (NCD).
The NCD will have a face value of Rs 1,000 each amounting up to Rs 250 crore. The company also has the option to retain over-subscription of up to the Shelf Limit Rs 1,500 crore.
The NCDs offer an maximum annualised effective yield of up to 11.75 per cent per annum.
The issue which opened today (Sept 29) is scheduled to close on October 31.
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