Kotak Mahindra Investments has informed that the Company intends to issue Secured, Redeemable, Non-Convertible debentures of the face value of Rs 10,00,000 each, a total issue size of Rs 70 crore with an option to retain over-subscription of Rs 225 crore aggregating to Rs 295 crore on Private Placement basis.
The above information is a part of company’s filings submitted to BSE.