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Baid Leasing gets nod to raise up to Rs 250 crore via NCDs

31 May 2019 Evaluate

Baid Leasing & Finance Company has received approval to raise funds not exceeding Rs 250 crore through issuance of Non- Convertible Debentures (NCDs). The Board of Directors of the Company at its meeting held on May 30, 2019 has approved the same.

Baid Leasing & Finance Company is engaged in a wide gamut of business activities viz. business of hire purchase, leasing, lending, securities investments and trading, negotiable instruments etc.

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