Sintex Ind board approves NCD allotment to LIC, P&GS Fund

Updated - January 22, 2018 at 11:05 PM.

The board of directors of Sintex Industries has approved the allotment of 5,000 non-convertible debentures of face value ₹10 lakh each - 9.41 per cent rated listed, secured, fully redeemable, dematerialised - to LIC and P&GS Fund on private placement basis. The company has raised ₹500 crore through the issue. Shares of Sintex Industries closed at ₹103.35, down 0.4 per cent on the NSE.

Published on October 9, 2015 15:47