Further to letter dated 28 February 2020, CESC has informed that an issue of 3,500 Non-convertible Debentures (NCDs) having a face of Rs 10 lakh each for cash at par aggregating to Rs 350 crore, in one or more tranches from time to time, on a private placement basis has been approved today. Out of the above, the first tranche will comprise of 1,200 NCDs of face value of Rs 10 lakh each aggregating to Rs 120 crore, as per particulars furnished in Annexure A.
The above information is a part of company’s filings submitted to BSE.
