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SREI Infrastructure Finance’s arm to raise up to Rs 300 crore via NCDs

19 Dec 2018 Evaluate

SREI Infrastructure Finance’s wholly-owned subsidiary -- SREI Equipment Finance has proposed to raise up to Rs 300 crore through public issue of secured and unsecured non-convertible debentures (NCDs).

The base size is Rs 150 crore with an option to retain over-subscription for an amount up to Rs 150 crore.

SREI Infrastructure Finance lends for financing infrastructure projects across sectors such as roads, ports, mining and power as well as purchase of infrastructure equipment.

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