Jindal Steel & Power (JSPL) has received approval to raise capital through issuance of Non-convertible Debentures (NCDs) upto an amount of Rs 10,000 crore on private placement basis. The Board of Directors of the company at its meeting held on August 09, 2018, approved the same. The Board also approved issuance of further securities upto an amount not exceeding Rs 5000 crore.
JSPL is one of India’s fastest growing and largest integrated steel manufacturers, significantly present in Steel, Power Generation and Infrastructure segments and catering to a large part of India's domestic energy and infrastructure requirement.
