Kotak Mahindra Prime has informed that the Company intends to issue Secured, Redeemable, Non-Convertible Debentures with a face value of Rs 10,00,000 each (‘Debentures’), for a total issue size of Rs 50 crores with an option to retain over-subscription of Rs 300 crores aggregating to Rs 350 crores on Private Placement basis (‘Issue’).
The above information is a part of company’s filings submitted to BSE.