SREI Infrastructure Finance has received an approval to raise funds through public issue of secured, redeemable, non-convertible debentures, not exceeding Rs 500 crore, in one or more tranches. The board at its meeting held on November 09, 2012 has approved for the same.
The fund will be raised in accordance with the provisions of the Securities and Exchange Board of India (Issue and Listing of Debt Securities) Regulations, 2008 and other applicable laws.
SREI Infrastructure Finance’s businesses include infrastructure equipment leasing and finance, infrastructure project finance, advisory and development, insurance broking, venture capital, capital market and Sahaj e -Village. The company has been financing in the infrastructure sector for the last 22 years and has a customer base of over 30,000 all over the country.
