IRB Infrastructure Developers redeems NCDs of Rs 1400 crore

04 Mar 2020 Evaluate

IRB Infrastructure Developers has redeemed Non-Convertible Debentures (NCDs) of Rs 1400 crore at par. Consequently, the company doesn't have any outstanding borrowing by way of NCDs. The company had issued Secured, Redeemable, Unlisted NCDs amounting to Rs 1,400 crore on Private Placement Basis in December 2019.

IRB Infrastructure Developers undertakes development of various infrastructure projects in the road sector through several special purpose vehicles.

IRB Infra.&Developer Share Price

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Rail Vikas Nigam 252.95
KEC International 694.00
Kalpataru Projects 1075.45
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