Skip to main content

MoneyWorks4Me

ABB India to raise Rs 600 crore through NCDs

03 Jul 2015 Evaluate

ABB India has received its board's approval to raise Rs 600 crore through non-convertible debentures (NCDs) on private placement basis. The issuance would be subject to the approval of the shareholders by way of a special resolution through postal ballot.

ABB India is a leader in power and automation technologies that enable utility and industry customers to improve their performance while lowering environmental impact.

Peers
Company Name CMP
Waaree Energies 2272.00
Apar Industries 15172.30
Havells India 1005.15
Suzlon Energy 36.95
Siemens 3339.15
View more..