Welspun Enterprises has raised Rs 175 crore through Rated, Listed, Secured, Redeemable Non-Convertible Debentures (NCDs) and allotted 1,750, 8.85% p.a. NCDs having face value of Rs 10 lakh each on private placement basis. The Finance & Administration Committee of the Board of Directors of the company has approved and allotted the same.
Welspun Enterprises, formerly Welspun Projects, part of the Welspun Group, is an operating company in the infrastructure business. The company also has investments in Oil & Gas Exploration.
