Salem Erode Investments has received approval to raise Rs 150 crore through Non-Convertible Securities including but not limited to Non-Convertible Debentures, Bonds, Subordinate Debentures or such other similar debt instruments, secured or unsecured, in one or more series tranches on private placement basis, listed or unlisted and as may be decided by the Board, to such person or persons, including members, Debenture holders, Companies, Bodies Corporate, Individuals etc. The board of directors at its meeting held on August 23, 2022 has approved the same.
Salem Erode Investments is a dedicated finance company.
