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Salem Erode Investments gets nod to raise Rs 3.43 crore through NCDs

13 Jan 2022 Evaluate

Salem Erode Investments has received approval from board of directors to raise Rs 3.43 crore through 34,335 Unlisted, Unrated, Secured, Redeemable, Non-Convertible Debentures (NCDs) having face value of Rs 1000 each on a private placement basis, at par. The board of directors at its meeting held on January 13, 2022 has approved the same.

Salem Erode Investments is a dedicated finance company.

Peers
Company Name CMP
Bajaj Finance 1034.20
Shriram Finance 1028.00
Aditya Birla Capital 398.60
Tata Capital 362.80
Chola Invest & Fin. 1845.00
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