Shree Cement is planning to issue Secured Redeemable Non-Convertible Debentures (NCDs) on private placement basis in one or more tranches for an amount up to Rs 500 crore. The meeting of the Board of Directors of the company will be held on January 11, 2018 to consider and approve the same.
Shree Cement is a rapidly growing Company focused on its core business of Cement & Power. Currently, its manufacturing operations are spread over North and Eastern India across six states.