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Indian Hotels Company to raise Rs 200 crore via NCDs

18 Apr 2017 Evaluate

Tata group hospitality firm Indian Hotels Company (IHCL) has decided to raise Rs 200 crore through private placement of non-convertible debentures (NCDs). The said NCDs will be for tenure of three years till April 20, 2020, with the deemed date of allotment being April 20, 2017.

Indian Hotels Company and its subsidiaries are collectively known as Taj Hotels Resorts and Palaces and recognized as one of Asia's largest and finest hotel company. It operates in the luxury, premium, mid-market and value segments of the market.

The Indian Hotels Co Share Price

706.80 -13.30 (-1.85%)
29-Jun-2026 16:59 View Price Chart
Peers
Company Name CMP
The Indian Hotels Co 706.80
ITC Hotels 174.75
EIH 321.30
Chalet Hotels 812.20
Mahindra Holi.&Resor 240.90
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