Vindhya Telelinks has received an approval for issuance and allotment of 500 Non-Convertible Debentures (NCDs) Series-II of face value of Rs 10,00,000 each aggregating to Rs 50 crore on a private placement basis to HDFC Bank. The Debenture Issue and Allotment Committee of the company in its meeting held on October 25, 2017 has approved for the same.
Vindhya Telelinks is engaged in the manufacture of cables and engineering, procurement and construction (EPC). The company is engaged in the business of manufacturing and sale of telecommunication cables, other types of wires and cables, fiber reinforced plastic (FRP) rods/glass rovings and connectorized cable products.
