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IRB Infrastructure Developers raises Rs 200 crore through NCDs

22 May 2020 Evaluate

IRB Infrastructure Developers has raised Rs 200 crore through Secured, Redeemable, Listed, Rated Non-Convertible Debentures (NCDs) and allotted 2,000 NCDs having face value of Rs 10 lakh each for cash at par on a private placement basis to an eligible investor.

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

Peers
Company Name CMP
Larsen & Toubro 3848.85
Kalpataru Projects 1400.55
NCC 135.95
Rail Vikas Nigam 201.90
KEC International 402.35
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