JMC Projects (India) has raised Rs 99 crore through the allotment of 990 Unsecured, Rated, Listed, Redeemable Non-Convertible Debentures (NCDs) of the face value of Rs 10 lakh each, divided in Series A Debentures (250 Nos.), Series B Debentures (250 Nos.), Series C Debentures (250 Nos.) and Series D Debentures (240 Nos.) on private placement basis. The said NCDs will be listed on Wholesale Debt Market Segment of BSE. The Management Committee of the Board of Directors of the Company at its meeting held on December 15, 2021 has allotted the same.
JMC Projects, a subsidiary of Kalpataru Power Transmission, is India’s one of the leading contracting company. The company is mainly engaged in the construction of industrial and residential buildings and also power and infrastructure development projects.
| Company Name | CMP |
|---|---|
| Lodha Developers | 871.70 |
| Dilip Buildcon | 457.55 |
| DLF | 601.80 |
| Oberoi Realty | 1710.00 |
| Ahluwalia Contract(I | 832.90 |
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