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Healthcare major Apollo Hospitals Enterprise on Friday said it has received shareholders’ nod to raise up to ₹ 500 crore through issuance of non-convertible debentures (NCD) on a private placement basis.
The company was seeking approval from the shareholders to “offer or invite subscriptions for secured/unsecured redeemable non-convertible debentures, in one or more series/tranches, aggregating up to ₹5,000 million on a private placement basis,” Apollo Hospitals said in a BSE filing.
A total of 99.94 per cent of the votes polled were in the favour of the resolution, it added.
Shares of Apollo Hospitals Enterprise today closed at ₹ 1,043.10 on the BSE, down 2.57 per cent from its previous close.
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