Blue Star has raised Rs 350 crore through Unsecured, Listed, Rated and Redeemable Non-Convertible Debentures (NCDs) and allotted 3,500, 7.65% (NCDs) having face value of Rs 10 lakhs each to identified investors on private placement basis. The Board of Directors of the Company at its meeting held on June 1, 2020 has approved and allotted the same.
Blue Star is India’s leading central air-conditioning and commercial refrigeration company fulfilling the cooling requirements and providing end-to-end solutions as a manufacturer, contractor and after-sales service provider to corporate, commercial, institutional and residential customers.
