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NLC India to raise Rs 500 crore via bonds

17 Dec 2021 Evaluate

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.

Neyveli Lignite Share Price

317.35 1.15 (0.36%)
06-May-2026 12:11 View Price Chart
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