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CESC raises Rs 120 crore via NCDs

05 Mar 2020 Evaluate

CESC has raised Rs 120 crore through the allotment of first tranche of 1,200 Non-Convertible Debentures (NCDs) of a face value of Rs 10 lakh each on a private placement basis to Citibank.

Earlier, the company had received approval to raise Rs 350 crore through an issuance of 3,500 NCDs having a face of Rs 10 lakh each for cash at par in one or more tranches from time to time, on a private placement basis.

CESC is engaged in power generation and distribution in state of West Bengal. The company is a fully integrated power utility with its operation spanning the entire value chain right from mining coal, generating power and distribution of power.

CESC Share Price

163.00 -1.00 (-0.61%)
13-Jul-2026 09:53 View Price Chart
Peers
Company Name CMP
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