SREI Infrastructure Finance has received an approval to raise funds via various sources, which include public issue of Redeemable, Non-Convertible Debentures (NCDs) aggregating up to Rs 5,000 crore in one or more tranches during the Financial Year 2019-20, issue of Redeemable, NCDs (including Bonds) aggregating up to Rs 5,000 crore outstanding at any point of time during the Financial Year 2019-20 on private placement basis in one or more tranches and issue of Commercial Papers aggregating up to Rs 10,000 crore outstanding at any point of time during the Financial Year 2019-20 on private placement basis.
The Board of Directors of the Company at its meeting held on February 04, 2019, approved the same.
SREI Infrastructure Finance lends for financing infrastructure projects across sectors such as roads, ports, mining and power as well as purchase of infrastructure equipment.
