Wednesday, 27 January 2016

Kamal Khetans Sunteck Realty Raises Rs 55 Crore Through NCDs

Sunteck Realty has allotted 5,500 secured redeemable non-convertible debentures of Rs 1 lakh each, aggregating to Rs 55 crore on private placement basis.

Kamal Khetan's Sunteck Realty today said it has raised Rs 55 crore through issue of non-convertible debentures (NCDs) on private placement basis. The debentures have been issued at a coupon rate of 11.75 per cent per annum payable annually with tenure of four years, the company said in a statement.




The debentures have been issued at a coupon rate of 11.75 per cent per annum payable annually with tenure of four years, the company said in a statement. 

Read more at 
http://www.business-standard.com/article/pti-stories/sunteck-realty-raises-rs-55-crore-through-ncds-116011501046_1.html




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