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Bharat Forge informs about allotment of NCDs

06 Aug 2020 Evaluate

Bharat Forge has informed that he Committee of Board of the Company at its meeting held today, August 6, 2020 at the registered office of the Company, approved the allotment of 5,000 rated, listed, unsecured, redeemable, non-convertible debentures (the NCDs) bearing a face value of Rs 1,000,000 each, at par to the investors identified by the Committee of the Board at its meeting held on August 5, 2020, aggregating to Rs 5,000,000,000.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Bharat Forge 1874.00
Ramkrishna Forgings 687.95
MM Forgings 597.00
Happy Forgings 2078.50
Balu Forge Inds. 498.45
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