NLC India is all to raise Rs 500 crore (with a base issue size of Rs 125 crore and Green Shoe Option to retain oversubscription upto Rs 375 crore) through private placement of Unsecured, Non-Cumulative, Non-Convertible, Redeemable, Taxable Bonds (Series II of 2021) in the nature of Debentures at a coupon of 6.85% p.a. as per the bidding process held on December 16, 2021. The bonds are proposed to be listed on both NSE & BSE.
NLC India is engaged in the business of lignite mining and power generation.
