NCD: SKS Micro mops up ₹200-cr

SKS Microfinance Ltd has issued and allotted non-convertible debentures (NCDs) aggregating to ₹200 crore on private placement basis. According to intimation to the BSE, these NCDs were secured, non-cumulative, redeemable, taxable, listed and rated with a face value of ₹10 lakh. They will be listed on wholesale debt market segment of BSE, the company said. On Wednesday, SKS Microfinance’s scrip gained 2.28 per cent to end at ₹467.20 on the BSE.