UltraTech Cement Shares Gain Spotlight with ₹1,000 Cr NCD Approval and Kesoram Acquisition Nod!
UltraTech Cement Ltd. issued non-convertible debentures on Tuesday, raising Rs 1,000 crore. According to an exchange filing, the board authorized the private placement allocation of unsecured redeemable NCDs. The bond has a 7.22% coupon rate and a 10-year maturity. Last week, the board authorized the issuance of fully paid, unsecured, listed, rated, redeemable, rupee-denominated, non-convertible, … Read more
